Property will be held in LLC.

•If insurance costs are reasonable and the property is in a high-demand area, this could be a hidden opportunity because many investors automatically pass on flood-zone properties without digging deeper.

Hi Shea,It is a residential property and, yes, my strategy is buy and hold.

You could find less expensive property in a not so good area.

I'm an investor/agent/property manager in that area and would be very interested in hearing more about the property. 

I stopped taking on any more properties where I would be theProperty Manager.

I'd imagine at that cost you'd either be buying just a shell of a property or raw land.

House Hacking with a TwistRent out rooms: Even though you're living in the property, you can still generate income by renting out spare bedrooms.

I typically recommend a new construction for a true turnkey property as the builder typically has some sort of warranty.

I think my property would be a good fit.