Tenant is profusely sorry and stays in contact, but that does not pay the mortgage.

Also you're probably not really paying much off on principal on a fairly new loan. 

This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.

.- More Predictable Rates: Rates better reflect the real risk rather than just being based on a flood zone map.Example Scenario (Simplified)- Old System: A house in a designated flood zone pays $1,000 annually, regardless of its elevation or distance from the water.- Risk Rating 2.0: That same house may now pay $1,200 if it's closer to the water and more vulnerable or $800 if it's higher up and better protected.Flood zones still matter under Risk Rating 2.0, but their role has changed. 

No need to pay big bucks for this. 

It's a little rough with rates where they are right now for products like a DSCR (Debt Service Coverage Ratio) loan and the associated points you pay out for closing, but the bright side is that if a deal still works despite those rates - there's no reason not to lock it in.

We have the highest Realtor count per capita is the U.S.

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

One of our residents was robbed outside of this property and we ended up paying for the resident to move out and sold this property.