My investment strategy revolves around viewing cash flow as a tool to build reserves for both short and long-term capital expenditures.One key aspect of wealth accumulation in real estate, as you rightly mentioned, is the gradual reduction of your principal mortgage balance by others and the accrual of forced equity and natural equity through market appreciation.I operate Elevation Appraisal in the valley and serve as an agent with Windermere Bozeman.

Know the elevation, the possibility of a LOMA exemption (flood insurance requirement exemption), the assumability of the seller's flood policy etc.

(I suggest you always call back, people attitudes change when you do this)So anyway I'm use to the angry phone calls and remove me from your list speeches but this lady was so tired of getting letters from dozens of investors just like me and I felt bad for her. 

Has anyone built a house on a lot that was a Steep Slope/High Elevation/Protected Ridge zone?

I am a semi-retired Speech-Language Pathologist-turned-REALTOR® and have never looked back!

talk to an agent but in columbus we've got 3 Floorplans we build. one is 720 sq ft 2 bed 1 bath for affordable housing in our city school district, we have a 3 bed 2 bath 1 car garage all attached floorplan about 1200 sq ft, and we have a 4 bed, 3 bath, 2 car garage for 1730 sq ft. we upgrade countertops, front elevations.

Mine had very minimal issues after that recent hurricane hit, since it is newer built and the updated building codes and higher elevations required, etc.Anyway, I would make sure to go with a reputable and trustworthy operator/builder and focus on turn-key deals, especially for your first step in your RE journey.

Are you talking full plans or just a site plan as they need to review elevations, put the adu at right entrance so the doors match entrance, they need to put plans together that meet code, coordinate with the civil, structural and MEP engineers.

In a nut shell, rent growth has remained elevated but not sky high.

If you have flood insurance, get an elevation certificate.