Johnson Exteriors is a General Contractor specializing in Storm Damage Repair/ Restoration with Roofing, Siding, Windows & Gutters.

But it's still a pretty rough neighborhood.Only 5 of these have sold on the MLS in the last 8 years (nothing in the past year) for over $250K including the fully restored, 9500 sf, Spencer-Eccles Mansion for $528K in 2013.If you're passionate about the architecture and willing to stick it out 5-10 years you may look like a genius.  

The liability coverage will come into play here.You can also increase your protection, using an Umbrella policy.Yes, until you make a claim, it's all wasted, just like that raincoat in your closet.Many will counsel you to use an LLC, but that does not pay to restore the property damages, nor keep you out of an injury suite.

The community benefits by restoring blighted properties, making them available to families who would otherwise be unable to afford a home, teaching local youths a valuable and marketable skill that can help get them off the streets, and thereby reduce the potential for crime.

Keep just enough equity for the 20% most hard money lenders want you to put down, and invest the rest. Or

Now I'm selling nearly 100 houses each year plus several of my own restoration projects and have been ranked among the top 50 Realtors in MN out of more than 20,000 four years running for number of homes sold, but it took a lot of thinking positive, hard work and getting out of my comfort zone.

Brought back nightmare memories of a house we restored from flooding.   

Although I know my way around restoring homes I am new to Real Estate investing and look forward to any help and input.

See if there is a RESTORE store in your town. 

I would consider talking to a fire restoration specialist contractor, not just a contractor that says he can fix fire damage.