No matter where you focus, you'll have company.I buy single family homes in one target zip code, drilling down into a select few neighborhoods by a development I believe is going to create extreme appreciation and elevate the type of tenant looking to occupy the walkable dwellings.

Basically a bad auction that will jack up the price an elevated level.

Also, depending how you construct the replacement building you could greatly lower the cost of the flood insurance (elevation of lowest floor vs flood elevation,...).  

You will want to get your elevator pitch ready for what you bring to the table of course. 

There are plenty of people who want to send the elevator back down to help someone else.

Our biggest challenge and hurdle so far has been flood insurance since we're at 4.2ft elevation with a ground level unit.

It has an elevator, a penthouse suite and also comes with a parcel of land that has a billboard.

It is a 1900 building and never had an elevator.

They also tend to have elevated levels of deferred maintenance.

Install 3-floor elevator 2006 Complete other floors 2011 What made you interested in investing in this type of deal?