Most importantly we found a great home at a very reasonable $119/sq ft that is 5 years old with several upgraded features we couldn't touch in Dripping Springs.  

I've spend the better part of this year reading numerous real estate investing books and listening to 200+ BP podcasts.

However I believe there is an option to upgrade beyond the free service to access this feature. 

The property search feature where you can search for ownership by estimated equity % is pretty neat!  

. $5,500/yr for IRA)- Ability to access up to $50K of your retirement funds tax and penalties free prior retirement via participant loan feature- Greater protection from creditors- No need for a custodian + checkbook control- Exempt from UBIT on leveraged real estate - Tax-free investing with built-in Roth component - and more!

It's not equivalent- It's also the tax code and numerous cases supporting it....you don't really get to just "think outside the box". 

Personally, I would call a few local property managers, tell them about the area, size and features of the property and get an estimate from them.  

yeah 10-20k discount doesn't sound like much for a flood damaged property.I saw a realtor in Houston  here on BP mention that Houston Association of Realtors (HAR) added a feature to search for Harvey damaged homes , not sure if there is something similar in FL.

@Jay Gousman @Shaye Mann You both have numerous investment options/strategies in the Phoenix metro market, so many in fact that it can be overwhelming for new investors to narrow down what they want to do.

That being said, if the building featured a mix of 2bed, and 1 bed units, I would be tempted to pull the trigger if you could get the rents up fairly soon, especially because of the price of units in MA.