I would stay away from restorations and try to find historic homes that can be modernized on the inside.pros:-play a role in your cities history and future-overlooked historic homes can have huge profit potential for flips or holding-usually in desirable and central locationsCons:-historic red tape and building restrictions-higher average maintenance costs-renovations/restorations can get very expensiveGet a good inspection and then go for it!

Restoring historical buildings is less competitive than your typical ranch and requires more knowledge and skill, but is riskier IMO.

Act here(3)For purposes of this subsection, discrimination includes-- (A)a refusal to permit, at the expense of the handicapped person, reasonable modifications of existing premises occupied or to be occupied by such person if such modifications may be necessary to afford such person full enjoyment of the premises, except that, in the case of a rental, the landlord may where it is reasonable to do so condition permission for a modification on the renter agreeing to restore the interior of the premises to the condition that existed before the modification, reasonable wear and tear excepted. 

The habitat restore is a good  source if you decide to go solid. 

I have been pursuing multiple strategies for flipping houses and being able to pursue my goal of restoring neighborhoods.

This legislation strikes a balance to allow for more flexibility in the use of one’s home and restores private property rights to owners who wish to take advantage of this type of rental income.

Ideally we could restore the original plans.

At that point you can refinance out of your VA loan (restoring your VA eligibility), buy another/more multifamily properties using VA again and living in it, and THEN decide how to use your trust fund.Keep in mind you're going to need capital for your start up costs as a contractor.

Desirable neighborhood alll restored Bungalows (including this one) I mean there are about a thousand of them, block after block ....any ways everyone love it everybody raves about it yet no sale.

Really, I don't see how they could be "good" even if he did have the power restored after the flood.