Risks elevate the further you get away from a whole loan in first position and lower than median RE value as collateral.  

The article is still relevant in the sense that the vacancy rate still remains at roughly the same elevated level (9%+) and if the post & local colleges were enough to absorb the inventory created by the Army & Air Force realignments, then the vacancy rate would expect to decrease - and that has not really transpired.

Call Elevations CU up off of 120th.

If all the damages are on 1 single elevation then really only that elevation needs replacement.

Thanks in Advance,Michael Holt Elevated REI P.S.

Lincolnville is way over priced now that the hipsters have discovered it and of course it was flooded during hurricane Matthew...now the city might make you bring the buildings up to code which can include lifting the houses up ....I would be very careful about any "deals" that suddenly pop up ...here is an article that explains ithttp://staugustine.com/news-local-news/2016-10-28/hurricane-repairs-st-augustine-flood-elevation-standards-could-be-concern

Property prices are a bit elevated considering the low average income, so we're having to be picky and patient, and the banks aren't as willing to budge on the bank owned ones.  

If i can get an address I will run some numbers and let you know.Rehab, for that ARV in that area with that size of home could be upwards of $150k, but i cant double check your numbers without an address to get a good comp.Do you have pictures of the exterior to know what the elevation looks like. 

Or an elevation certificate can also get it lower.

Account Closed Before you do your networking be sure you got your real estate goals and elevator pitch ready.