Has a brand new $15k elevator, new roof, new commercial kitchen, etc etc. amazing stained glass.

Discount the rent for the value or free rent one month would elevate their pain as they try and replace the items themselves.

Given the elevated pricing in the market and high interest rates are compressing margins on already tight deals, using cash allows me to at least generate extra margin and simplicity by avoiding all of the additional financing costs.

as u know, its OUTRAGEOUS for many homes here in FL.my one rental is in flood zone A (aka flood zone 'get the hell outta here') and is required by my mortgage company. the first year i lived in the home my insurance was about $4k. we are talking about an 1100 sq ft home that is elevated (bottom is garage and then 2 stories of living space).fortunately, citizens started writing hazard and wind together so now i just have a hazard/wind policy for about $600 (no contents since i dont live there) and my flood at about $1000. craziness!

We once had someone in a wheelchair look at a second story unit with no elevator.  

This allows the foundation to not only get placed in the right spot, but also the right elevation.

Also I am a union member (local 2 chicago Elevator constructors) best damn union in the nation ✊🏼.

.· That area is about .4 acres away from the housing structure· The housing structure sits on a slightly elevated land (flood potential free).· The area has a great schools – one of the best in the County and it is very close to the schools as well as shopping area and to the main road.

Plans went from planning a renovation of the existing house on the ground, to finding a contractor and building a new elevated house.Bottom line, if you own a second home or vacation rental in Florida and it is below the base flood elevation as defined by the FEMA flood maps for your area, you will spend a large amount of money each year for flood insurance through the federal program (if it is your primary residence, your get a huge break on the insurance but I don't think that will last forever).

This property had three building on the site, each requiring major renovations, but not raising the floor elevation would result in additional flood insurance.