So NO, I will not buy in flood zones unless I am looking to knock down and rebuild.

Gutted the inside and started to rebuild.

I can't wait for that one to come on I'm going to try to buy it, evict everyone living their, and rebuild it.

Also check with the town to see if there are any restrictions on rebuilding or doing whatever you are going to do...

Can you simply add additional plinths to give structural support or does all the flooring need to be ripped up to rebuild the sub-flooring?

This property is over 100 years old and will need a full demolition/rebuild.

This property is over 100 years old and will need a full demolition/rebuild.

However they gave me options on how to rebuild. 

The work included roof replacement, fully insulating the house, fixing the drywall, digging drainage ditches to relieve the hydraulic pressure on the foundation, and jacking up the house to rebuild the foundation.

And Rehab Costs would be the cost to tear down and construct the new property, including all hard and soft costs that aren't factored into the Fixed Costs.For example, if I have a house that I can tear down and rebuild a 2000 sf property that would sell for $400K; it would cost $100/sf to tear down and rebuild; I'd have $50K in Fixed Costs; and I'd want a 20% profit on the resale price ($80K), my max purchase price for the tear down would be:MPP = $400K - $50K - $80K - $200K = $70KKeep in mind that the rehab costs must account for all of the following:- Site Planning- Zoning Approvals- Utility Installation- Permits/Impact Fees- Environmental Studies- Etc...If these costs aren't factored into the per-square-foot construction costs, you need to factor them in separately.