Let the numbers and logic guide you, not your heart.

The op agreement is the heart and function of the business

Possession is 9/10ths of the law.This is not for the faint of heart or fearful investor.

We do property management and this particular landlord has a soft heart.

You will need a good local team to lead you through that process if you choose to buy a flood damaged property and the risk is certainly not for the faint of heart. 

If your plan is to work hard & put your heart into it, that isn't very convincing.  

My experience is that the Realtors who are willing to do that usually have a heart for investors, some of them are or have invested in RE themselves.Finding a great Realtor is a huge advantage, but that's only a part of the story of your business.  

9 month negotiation - 3 bpos - crappy attorney negotiator -- brought $2800 for second lender - lost 3 buyers - had two extensions on first - miner issues at closings and finally double closed$26,000 net profitShort sales are not for the weak of heart, but if you can persevere, certainly worth it.I get a kick out of agents who say we "hold up properties" - ummmm, YES I DO, and we also get it done.Sellers were PSYCHED to stay in house extra time, end buyers were PSYCHED they got a house about 10% under market value, both buyers and sellers agent psyched.Here's my visa commercialHouse cleanout: $200Payment to second lender to get deal done: $2800Smokes and water certs: $100Happiness for all parties involved in same day closings: PRICELESS :D

These markets are not for the weak of heart.

REOs will break your heart.