Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

The appraiser will ask for permits for the work done, and if there is non to be provided he/she will not give the value and in turn you will not be able to get the full amount of money out of the home you were hoping to get.  

It's still an affordable market; I would just be cautious about which turn-key provider you choose.Deborah

That means if you could get $6,250/mo, have zero repairs, zero maintenance, zero capex, zero vacancy, provide zero lawn/snow/landscaping, pay zero utilities, and pay zero management.

Since most of the homes that flooded took on electrical damage, you will almost certainly need to file a permit to do renovation as you will need the electric company to shut the power off, provide temporary meters, and turn the power back on.

Spokane has been a hot market for investing for awhile and local meetups and Facebook groups will be able to provide you the best information about what's working in your local market as well as any specific market risks / challenges.John

my SS deal is one of my participation deals were I provide the capital to the operator via a debt instrument then take a participation as part of the note agreement. 

They said that per California Revenue and Taxation code, they're asking me to provide them info such as the purchase agreement, rent rolls, etc. to assist them in doing the reappraisal of my property.  

I can also say buying new with a warranty can provide piece of mind. 

Hi Lily,I founded First Access Lending to provide Access in scenarios just like this!