When driving for dollars, don't just focus on fixer-upper houses, pay attention to the vacant land lots that you will find.   

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

You would want to buy a fixer upper of course.  

I was looking at homes on Fannie Mae Homepath and I'm interested in buying a fixer upper.

Assuming you look for a duplex, what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Is there another mountain area with much higher cap rates, even out of state but preferably in the upper western US?

I'm currently dealing with severe property damage on a single-family fifixer-upper in the Atlanta metro area, and my insurance adjuster hinted at hiring a public adjuster.I'm new to this and could use some guidance.

And if there was any land available, it'd cost an arm and a leg.

Turn-key would likely be the smoothest, but I am open to a fixer upper if the numbers work.As far as the unique funding, I am an equities investor with accounts held in trust and therefore my taxed income is quite low which limits my options unless I opt for a portfolio loan or separate entirely through a DSCR loan.

Quote from @Nancy Almann: thanks @Kevin Sobilo - tenants who live in another, smaller apartment want this unit for their 4-legged family.