Hello,I just got a full price- cash, offer accepted of 70K for a flood damaged property in Houston MLS#85345049 , the house is not located in a flood zone.

It is 4 units, it is well located but I have to pay HOA on it.

Laminate is good for living areas or bedrooms, but again can be hard to locate the exact type of laminate in the future if you need to replace it.

Please share your numbers and location also!

The property I'm building will be located in Hampton. 

Problem with that might be that your GC won't watch the prices on labor which is ridiculously high right now: these mandatory 3 estimates on big jobs might be from couple overpriced big companies and one lower from a friendly company to your GC.You first need to build relationship in the area to know what the prices are generally: labor, materials, location of the property, desired finishes.The last note: good properties go with much higher prices than min bid, because of very competitive market.If you buy a property for $100K, it will be totally different rehab cost, quality of finishes etc than a property for $500.

Many say California's housing shortage is even worse than many think so that probably bodes well for the more affordable locations in SoCal moving forward.http://www.santacruzsentinel.com/article/NE/20170828/NEWS/170829674http://abc7.com/business/air-force-contract-expect...Good luck!

I am located in the Greenville, NC area.

The thought was to find location where renting will always be in demand.

As with all homes, location and price range dictates demand but overall Tomball is a highly desired area with good amenities so a well-priced property will sell.