I have rentals in BC (and AB-which is quite different). 

Secure contracts with sellers at lower market pricing, then connect with cash purchasers eager to pay more, earning from the difference.

@Kingston Yi Something else to look into is the difference between custodial and checkbook control. 

The real estate outfit I met with out of state says that they have California investors, and they tell a different story.

Different company?

And others have pointed out that building in flood zones can be much more expensive with special permits, requirements like living area starting above base flood elevation, probably more than the $25K difference in the lot that's not in a flood zone.  

If a storm is deemed a catastrophe that is a different story.  

Every situation and investor is different in my experience.

I have a lot of these people that we're working in a totally different field prior to getting into selling courses touting how easy it is.

Schlage encode, we use lithium batteries which makes a huge difference for time between needing to change the battteries.Batteries change between Sept-Nov '23 and all locks read at 100% today.