@Bret Hudson: I've been a heavy user of both websites you mention and I find your comment interesting.

If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.

FEMA does not come in and take over literally everything, FEMA has certain scopes they cover, state covers some etc etc.. 

Or do they leverage debt, and use the subsidies to cover the equity needed?

First, most investors and owners of real estate related businesses are in one or more of the following situations1- they’re unable to duplicate their expertise that drives the ROI and they are at their personal max capacity as to time2- they’re obtaining high ROI by use of excessive leverage 3 - they’re obtaining high ROI by taking excessive risk4- they hit correct timing in the correct market, and this is not necessarily repeatable with any probabilityIn order for an investment or business to scale, we need the ROI (on a risk adjusted basis) to be sufficient to cover a PREMIUM risk adjusted return to passive investors; all expenses of managing the assets and the business, and a significant return to the “sponsor” providing compensation to him making the work, risk and time worth while. 

@Tom Nagy There are a number of existing forum threads covering the challenges RAD Diversified has faced with a number of investor's personal accounts of their own experiences.

Was not a heavy rehab but it was outdated inside and out. 

It typically covers the structure under construction, materials, and equipment on-site, in transit, or stored elsewhere.

Insurance typically covers only the directly damaged area, not undamaged flooring, even if it's continuous.

For example do you have a great w2 and can you afford to cover costs of a major repair or 3 months of vacancy?