I have built my boutique broker business around foreclosures and other distressed properties (probate/divorce).

EaDo is rapidly growing, but its price has been rising.

These builders built the cheapest that code will allow.  

I'm a paramedic, that's where I found the potential. 40ft 2 bedroom container homes can be built for $20k and are approved in hurricane locations.I haven't created or run a successful business, joined the military at 17, and worked for most of my life. 

And out of that 5% there aren't really many options that are in solid locations and well taken care of (or at the very least built as multi family).

Are you familiar with the area or trust someone that is and can tell you what is being built in 1-10 years? 

Look at pics of houses he built.

I'd look for signs of arcing around those outlets.Other things I look for are how is the foundation, cracks in the walls (assuming lath and plaster), condition of the mechanicals, depending on what the house is built on, I may get a radon test done for the air and water (near me there is a lot of ledge, so radon is an issue in most homes). 

This deal was financed through a combination of Partner Driven capital and funds from Matt & Penny Winfrey, allowing for a swift cash purchase that gave us an edge in negotiations and facilitated a rapid transaction.

The facility was built in the 1980's, cinder block construction, and needs complete rehab...