Hope it helps.

I hope none of your family or friends were hurt during the floods. 

Learn the eviction procedure for your area, perhaps contact a lawyer in the field to help you with this one, and get the fraudster you're currently housing out on the sidewalk to sleep in a cardboard box where they belong.You're going to lose plenty of money here, but this will never happen to you again, and you can minimize your losses if you move as quickly as possible.

Hope this helps!

I hope I can get some insight on what to do.

Hope to see you at one of the meet ups in the area.

Quote from @Alex Messner: Hello,My wife and I are looking into buying our first home with hopes to eventually accrue multiple properties for renting. 

Hopefully you have a better streamlined build on the next one.

I would be happy to connect you with him if you wanted to inquire further.I think 10% is as low as you will find for investment property, unless you purchase an SFR with an ADU or mother-in-law and house hack with a primary home loan.I hope that helps!

I was hoping someone might have some experience in this market to know how challenging the process would be to obtain the permit.Thanks for your input!