With some elevation on west Maui and west Hawai'i it more rarely has these issues but do have a history too.

In contrast, if the property is out of state, has 5 commercial tenants, an elevator, and a more complex HVAC system, then you may be looking at 15-30 days.Hope this helps! 

I imagine there would be more engineering go into such a project than a horizontal addition.Going from 2 to 4 stories, for example, could limit marketability without also adding an elevator and other accessibility accommodations for the aging populace.

For example, I have worked with clients of mine to help them with an updated floor plan to suit their needs, as well as cabinet layouts, interior elevations, finishes, etc.

However Leadville is too far from the quality ski resorts, too far from Denver, too high elevation (at 10,152 feet it's too high for weekenders from Denver to adjust to in a weekend, which is actually a big deal and causes many people to sell when they realize it), too cold, and too windy to ever become as expensive as the more desirable mountain towns like Vail and those of Summit County.

The plan is to start smaller, and flip a property with an ARV around $350K, then to elevate my portfolio over time with rental properties and multiple projects going on at once.

This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.

Finally, I elevated the issue to Terry Kerr himself who was able to get his folks to physically go to the property and check the health and safety of not only the tenant, but also the functional systems of the property itself.  

UPDATE:After much digging, finally found a great resource that shows the elevation in meters for just about every city.

My house is an REO while the other comps look to be regular sales.On the plus side, my house is elevated and seems to meet flood zone requirements (although I'm waiting to get the elevation certificate to be sure) while the comps are flat and were likely "grandfathered" in when new regulations were passed.