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We do a lot of work in flood zones and from what I've heard regarding "stilts"(we call them pilings) is you're looking at 20-30k extra over a traditional slab with a crawl space....Most of our footings are within a couple feet of sea level so we've never needed pilings but if you're indeed that deep you defintiely can't pour a footing on top of muck.....The other concern is flood insurance - the lower your first floor elevation the higher the flood insurance - I'd imagine if your first floor is under 10' the insurance would be astronomical.....your best bet is to talk to an engineer, get a survey, and go from there.

Susan, your best bet is simply going to those chinese pre-fabricated cabinets.

There's a book you should read called "How the Poor can save Capitalism." 

If your wife knows in advance what KIND of deals you're looking for, I can bet it'll make it much easier to work with her on your decisions.

Poor cash flow potential, great appreciation potential.

I bet it feels pretty good when you think back to that single moment when you thought: "You know what I need to create the world's best site for real estate investing".

Someone's poor management skills are not an argument against them.

I bet any attorney you hire will want more $$$ than Rick & has never actually had to deal w/ your situation thinking through it "as an investor".  

Literally: Starbucks in poor neighborhoods.