They tried to move me again 10yrs later and I told'm what they could do with that.The only way to "win" is to retire elsewhere with a better cost of living . . . but an addict has difficulty "getting of his juice"  :grin:

So, if you're planning on acquiring properties in affected areas, I would suggest you become an expert at moisture mitigation, mold removal, have the capital to weather another hurricane and the possible event of your insurance provider declaring bankruptcy and going belly up after such an occurrence.Consider this: https://www.theatlantic.com/technology/archive/2017/08/why-cities-flood/538251/*Houston, including its roads, parking lots, sidewalks, and other pavements, along with asphalt, concrete, brick, stone, was originally developed on land that, not for it's development, would have naturally absorbed water.

The house doesn't get used, debris in the low spot (plumbers sometimes call these "bellies") dries out, catches more debris and turns into a clog and causes the noted backup.

Typical cycle is 10 years but Trumpenomics with last tax bill likely juiced the economy another 2 to 3 years or so.Many properties bought at the last boom have no went past that in appreciation.

@Brent Bell"I have not filed any forms with the IRS, as I only formed the LLC and received the EIN in January, 2019, so I am not sure what the current tax status is."

And there are cost overruns (like the general contractor who went belly up in the middle of our hotel project.  

Don't you just love it when you send three or four emails and a couple of voicemails over the span of more than a month instructing the servicer on a particular workout with a borrower, only then for them to come back and say "oh sorry I didn't see these emails"this is a belly to belly business... 

I like the idea of building on a lot near your home and utilizing your skills, but I would recommend double checking the numbers and ensuring the juice is worth the squeeze.

Learned that it's possible to sell fully entitled project if there's enough juice in the deal - another exit to consider.2.

There are risk of course, the project could go belly up.