Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

Best of luck moving forward.

If you move to Memphis I have lots for you to do!

Buying a condo in Treasure Island could be a great move, but be sure you're prepared for the next hurricane.

Quote from @Joshua Alcantara: I’m looking to move out of the current "red ocean" of real estate wholesaling and focus on helping sellers with problematic titles, such as liens, divorce issues, probate, quitclaim deeds, etc.All my previous high-value assignment fees came from working with sellers who inherited properties without a proper deed.

They learn from every loss, improve their process, and move on to the next opportunity.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

We've added central air and ductwork when we were also doing other remodleing that already required wall demo or wall replacement/moving. 

Plus, you get amazing appreciation potential due to how much population growth, job growth, and companies moving and developing here.

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.