We have to get an elevation survey first, then we submit that to the insurance company to determine the quote.

I'm ok with working class neighborhoods that have elevated crime rates, stagnant populations, and low property values in this current phase of the market because I prefer to avoid appreciation (and depreciation) plays during a cycle peak. 

I am looking to change up my "Elevator Speech" that I use to give people a quick overview of what I do (buy distressed properties to rehab and resell them).

The property is elevated and there is a big drain in the back.

I ended up getting a 1% rent ratio property in San Diego with some elevated risk.  1% rent ratio properties in San Diego are unicorn finds so it was a good purchase. 

Elevation?

Especially ask about cost of insurance and whether getting an elevation certificate is worth it.Here's the FEMA portal to determine flood zones: https://msc.fema.gov/portal/ho...If you have a 3 bed rental with at least 1.5 baths and no water view, you should be looking to get at least $2,000 per month and if it's suitable for weekly rentals in the summer, roughly the same amount per week. 

This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.

If you have some exterior elevations already drawn you can pass them on, along with insulation requirements.

My builder (in Texas) applied german schmear on the front elevation (brick) of our new house under contract without our knowledge.