Trying to do it from out of town can be a nightmare.

I tried it in an apartment complex and it was an absolute dumpster fire and lost a lot of money.

Away from the coast, no hurricanes, fires, floods - we don't even have snowstorms anymore.People can deny climate change all they want or blame it on sun cycles, and frankly, it does not even matter, the reality is that insurance cost will force the issue.You can try to rebuild and you can put houses on stilts in flood areas, or fortify them against high winds and fires, but that makes it expensive.

Once the year passes you can move out, rent and repeat or try something else. 

Hi Heidi, I'm not sure which investments you have tried yourself but I can let you know the ones I've tried personally with my snowball. 

I’m just taking it one step at a time, learning as I go, and trying to set things up the right way from the start.

I'm trying to figure out if this house would be a good mid term rental. 

I spoke to few folks and other option is that I take the insurance settlement and not rebuild and try to sell the house as-is.

I am not a tax professional trying to sell you my services I am simply providing my perspective. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.