. $400 and an elevation survey revealed that our flood insurance will actually decrease, so we’ve decided to continue with renting after all.So here’s the question...should we increase the asking price $100 since we had so much interest the first go-around?

I'm sure we all heard the elevator pitch on how great equity is.

Anything over 3 stories tall requires an elevator and also triggers a lot of code changes.

Some cities even have funds to buy you out in certain areas to avoid rebuilding in a flood zone or offer low interest loans to elevate if rebuilding. 

If it's in one of the above zones you may need an elevation certificate as well. 

@John Hunt  I think it's great that you're enlightened about the path to FI via REI but it's disappointing that you've already determined you won't be happy in a career you've not yet started although that very career has incredible opportunity to not only provide a level happiness but most importantly expedite and elevate the level of your ultimate financial independence.With that said! 

The one in Virginia was called real estate elevated.

Easy to use ...etc. thanks again for your help  Sure, I  think I used Homestyler, I liked it because I could drop representative doors/windows and adjust their elevations (it was a basement reno) plus it would calc sq. footage etc. 

In my personal opinion I’m not exactly sure how much value add can be added outside of unit renovation that could ever elevate the property’s value in any short period of time where we could pull out money in excess of paying back the partner’s HELOC plus anything more to use for the next property.

After having an elevation certificate done yesterday, I found out that this house is currently in a flood zone at a height of 6 feet and my base floor is 7 feet (acceptable).