Often one block is fine and then the next is bad so it's definitely an area you want to visit and research closely before investing.

The house has been through two hurricanes now with no damage or flooding, so it is pretty low risk from that standpoint.

What if there are already damages to the property that you could have deducted and tenant keeps whole thing rather than submitting to new management? 

I had a renter cause damage.

This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.

We feel this doesn’t protect us from tenant damage (e.g., stolen smoke detectors, fire extinguishers) or cover costs for anything beyond normal wear and tear.

Aside from the obvious dangers, I’m seeking best practices and how experienced investors  in this area handle hurricane damage?

Is 3bd/2bath(They are able to count, mine is 2bd/2bath with attic(due to slant of roof cant technically count as bedroom), Small deck.Same sqft, same lot size, 2 blocks awayComp 1 is the best and most recent sale.Comp 2-(Sold at what Im looking to list for)I was not in this house so I'm not as familiar with it. +100sqft. 4bd/2bath. carpet throughout house. 

Surveying landlords on my block - one suggested dedicated regular set ups in the basement, and setting rent at $2550, another suggested coin op and being more flexible with rent.

If the investor fails to make payments, it could damage the seller’s credit, even if they've relinquished control of the property.Insurance Issues: A change in ownership might affect the property’s insurance policy.