We're also wondering if FEMA sets the price based on SF, furnishings, etc.

I plan on offering that bonus commission and taking away that commission based on how soon they complete renovation. 

Based on what you share you have experience in multiple facets so there's lots of directions to go!

So, to get funding, you probably need some kind of asset based lending where the lending is focus on the value of the asset and the ability of the asset to generate income. 

Because we're flippers we can't afford a landscape designer so we go with the style of the home, look at google images based on what kinds of landscaping go with that type of property and then we draw a map of where we want the beds and grasses to go.

I expect I will be purchasing this property as the offer will be strong with options to make it work.  

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

It's all about how much equity you want to keep in the house based on the Refi in order to maintain the 50% rule.  

I am strongly considering a foreclosure property located in Brooklyn.

If information is limited, use market-based assumptions to run a "worst-case" analysis.