@Mike Schorah - I live in the south, but before I pushed full time into the wonderful world of real estate, I spent a decade as a mechanical contractor. 

If you flood and have flood insurance they would cover collapsed foundation (personal experience) and some appliances/mechanicals but contents would be minimal coverage. 

.✅ Replaced cast iron plumbing to PEX ✅ Paint & LVP flooring✅ Brand new kitchen with granite countertops, shaker cabinets, backsplash, and stainless appliances✅ Moved the laundry from an exterior mechanical closet to inside the home✅ Full exterior refresh for curb appeal✅ Added a Tesla Wall Connector in the carport for at-home charging ⚡️ (ok, this was just for me but is pretty cool)What was the outcome?

Buying into these solutions are like getting your car fixed at the mechanic.

Range Stove Top - GAS (if possible) but if not, then COIL (Less easily damaged and less costly to repair than Glass and I personally prefer it)Oven - NOT SELF CLEANING  (We experienced twice when the self cleaning feature was used and cause severe mechanical failure, requiring replacement of the entire range.

From simple cleaning to cosmetic upgrade and fixtures no major mechanical work.Price Range $100k-200K with 20% Down PaymentProfit- Looking to make $200/mth per unit on mutli or $300 on a singleMy co-worker and I work in NYC commercial construction for supermarkets.

Duplex fully remodelled to studs, all new mechanicals in 2021. 228k purchase, 10k repairs, 1250-1350 rent a side. (1250 is a good number according to property manager but I feel I can get more)-inspection done -Termite inspection (past damage corrected, Not a concern) -leases acquired for current tenants -Contractors estimate for minor repairs I asked for a Schedule E, or past expenses and the seller denied this.

, thats a real quick way to have a mechanics lien put on the property , and makes change orders more expensive .

There's no mechanism, short of a seller trying to sue someone in court for fraud, to clamp down on unethical individuals.

I reached out to Brian the following week, and told him I was looking to focus solely on the mechanics of negotiating creative deals and asked if he’d be willing to coach on those topics only.