Any wall covering that is attached to the wall where water came in, IS going to be wet behind it (including insulation, if any), and the only proper method of drying it is by removing some/all of the affected area, or using a dehumidifier with tubes inserted between the foundation and the wall covering and high volume fans to quickly (it often actually takes several days to get all of the moisture out) and completely dry all of the materials.

Trigger warning: bigger pockets heresy incoming. 

A brand, newmarina with 60 dry boat storage spaces and 80 coveredboat slips is currently being built next door and will beready summer 2021.

I do not want to stay stationary where am I, I need to keep moving forward so I was hoping to pull the trigger on something soon.

I would also try the shop vac if it was a wet dry type and if you change the filter before you start so you maximize suction. 

My methodology when it comes to investments is having as many revenue streams as possible in the event one of them dries up (Ie: a deadbeat tenant).

Ultimately, if the cash-flow is good enough and the financing available, I would probably pull the trigger on any truly good deal.  

Is the home flip market drying up?

In addition, would a growing portfolio of rentals trigger the wrath of the Alternative Minimum Tax?

Disclaimer:  We are also starting to look at our 1st multi and we are very conservative....probably will be hard for us to pull the trigger!