I hope here i can find a lot os knowledgeable thigs related to real estate.

If I finance with a bank, they will definitely make me carry flood insurance, even though I can mitigate the risk in other ways.If I end up holding the deal long term, I will try to find a private lender who is willing to accept the mitigation (landscaping, retaining walls, exterior French drain, potentially hold an escrow, etc) as opposed to throwing that kind of money away every year on an insurance policy.

A French Zillow-ish site (MeilleursAgents.com) has mapped out the buyer/seller ratio for its markets.

Certainly that is the case in Atlanta.Here goes some wild guesses to get the responses flowing:1.outside drainage issues repaired (front and back)- 100 ft of french drain with 6 mil plastic, perforated pipe and a load of #57 gravel- 4 days of labor- $100 for materials and $440 for labor2.new floor in kitchen and bathroom, the rest of the hardwoods sanded.- I've never done linoleum so you'll have to get another input here ~$200 materials and $200 for labor in both rooms- New vinyl tiles I hear are great and easy to install so $2/sf installed would be close- HW floors you can budget $3/sf for a small job3.paint the whole home 770 sq ft- 8 cans of paint x $22/can- $400 for laborOR- $1200 for a painter4.new rear deck on 20x30ft-$600 ($10/sf) is a rough estimate.

But Owe the wine cellar. first growth French and the best Napa..

Leverage is because we have free professions and French banks do not give loans unless you have a CDI, which I also never want to have ;-)

How about a French bank?

I don't know LA law, you guys do a lot of things differently since its French system based vs.

My wife and I never even thought "how will we pay for a new French door stainless steel fridge."  

For my first flip it might be a bad idea.Regardless of whether those numbers are accurate, they indicate your "profit" could be a (loss) of $20,000.Your earlier mention of a $20K price tag to externally excavate, install French drains, waterproof, insulate {there is no point in doing the rest and not bothering to insulate}, and backfill would be {more than} adequate under normal situations, but in the hyper-economy of Kitimat, it could possibly be short if major landscaping is also required to redirect and capture run-off.My experience with mould has been it is often like an iceberg - what you see on the surface is only 1/3 of what is present.