69 unit elevator building with a mix of 2/3/4/5 bed,some are rent stabilized.

//www.fdic.gov/news/news/speeches/archives/2009/spdec0809.html

Especially ask about cost of insurance and whether getting an elevation certificate is worth it.Here's the FEMA portal to determine flood zones: https://msc.fema.gov/portal/ho...If you have a 3 bed rental with at least 1.5 baths and no water view, you should be looking to get at least $2,000 per month and if it's suitable for weekly rentals in the summer, roughly the same amount per week. 

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.

I ended up getting a 1% rent ratio property in San Diego with some elevated risk.  1% rent ratio properties in San Diego are unicorn finds so it was a good purchase. 

If you have some exterior elevations already drawn you can pass them on, along with insulation requirements.

But, I am hearing rumors about FEMA requiring people to raise the house to a certain elevation before they are allowed to renovate.

Both are north of Bend and at a lower elevation (I think 🤔).

Would you like to be hit with a $10k special assessment to fix the elevators?

There are some good ones that will charge 500 to 750 in application fees and they do close but I wouldn't risk it.These guys have their speeches down pretty good.