I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

See this video: https://www.youtube.com/watch?

We have always been heavy travelers so this has been a great fit.Another item to watch for are areas that are tightening regulation and areas that are the wild west that now have an oversupply of airbnbs.  

Once you know the reason(s), for the flooding, then you'll be able to figure out a solution.I'd also strongly suggest that you don't re-finish the basement until you've determined the cause of the flooding and fixed the problem (last thing you want is to re-finish the basement, and have it all ruined again by another flood).I'd suggest first watching some videos on youtube on flooding, drainage, groundwater, french drains, sump systems, water catchment systems, etc, just to give you a better understanding on what can cause flooding, and what types of fixes might work. 

No personal experience with Matt yet but I'm familiar with most, since I'm running several REIAs (mainly MassRealEstate dot net)Or you can get a Liberal Arts degree for $60k/year and see how that pays off:-( I bought a course from Matt and watch his YouTube videos.

For the last 15 years I have been answering questions from unknowledgeable wanna be investors who watched a guru on YouTube and now wants to know where to get the earnest money to tie up multi million dollar properties before he can flip them for $200,000 profits.  

People like good stories and all you have to do is watch the news or social media to see that people like to exaggerate or focus on the problems.  

I know a lot of people think they can watch YouTube videos, spend time with Real Estate professionals and network, and they can get started investing in Real Estate.

Financial Peace UniversityI am a 2X student of Financial Peace University and I have sat through the class and watched the videos.

You will not watch the money and payouts and bookings and end up losing more hiring a big firm to do what should only be done by local hosts.