I broke it down by age and area codes of the areas I'd want to invest in my market with mortgages no higher than $50,000.

When comparing how much a house might sell for in a neighborhood after rehab, do I compare it to houses in that zip code, or do I compare it to the houses immediately surrounding it?

Any zip codes or neighborhoods you'd drop $100k in?

However, this is highly audited area and you will see some blocks:1) you need to find a right asset first that you  enough depreciation with cost seg. 2) you need to materially participate in that activity.3) your losses might even be limited based other IRS code section. 4) You need to have an audit proof and documentation of real estate professional status.If we are talking about a huge tax bill, I’m pretty sure you would benefit from hiring a good CPA who can cut your tax bill.

I do want to do it by the code, but am worried requesting a permit to even the floor will open a can of worms.

Well the excel file layout and color coding didn't come through. 

These past two years have been life-altering and as one chapter ends and another one begins, I cannot wait to see where I am going to be in another two short years.

I do drive for dollar and found code violation property and I used batchlead to skiptrace and got 4 phones numbers and when I call the owner it ring for three time and said the number you have reached is disconnected.

Read and know your state and local property code.

Way back in the 90's in Salt Lake City.The issue and problem with Fire damage properties is . 1- I am sure the city is involved with complete up to code with everything. 2- Most contractors will charge you almost double to deal with the city up to code and    the mess of the fire, water. etc.3-Most the time a engineer needs to access the property and even their report can cost thousands.Do you have it tied down?