When adversity arises, its very easy to shut down, stop communicating and toss around legal threats.

I’m curious to hear from other investors who have ventured into flooded properties such as what challenges did you face, particularly with insurance and permitting?

I have a MTR guest that has stop paying and refusing to leave even after I sent him a demand for payment or leave the property.

Our current economic conditions are challenging for cash flow in most markets, but I wouldn't let that stop me from diving in. 

This could let you start building relationships with others in your area (and potentially lead to joint ventures later) and to build up your working capital.

There have been issues with environmentalists who want to stop it or have it moved as there are would be in any country across the world so that might be what you're referring to.

About a year and a half ago, the new construction all but stopped. 

If you need advice or help with financing as you grow in this venture, feel free to reach out anytime.

Unless those items are all satisfied (except for housing violations and some non-monetary liens which follow the property), the department of finance will not allow the deed to pass through to the next stop in the recording process.So even if you wanted to dump a property that was totally upside down with liens to someone who was willing to take it from you, you can't do it.

Mentorship and joint ventures are excellent ways to gain experience, and it’s essential to start small, communicate clearly, and build trust.