Properties in flood zones are harder and more expensive to insure, which lowers their perceived value and makes them more difficult to sell.

Prices are far lower there “relatively” speaking due to low demand.  

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

Please send me a message and I'll provide a few options. 

Class A properties will generally have high valuations and lower market Cap Rates.Class B Property:A step down from Class A, Class B properties are in the 10 to 20 year-old range, and are mostly well maintained.

For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.

I haven’t seen many value-add products, but there are solid options on the DSCR side.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

As far as what to tell them, you simply say that you're listing it for $1,700/month and are not willing to lower the rate.

Certainly more areas with lower property taxes.