How much Street frontage?

If you're serious about being a professional, you need to start with a basic education, if your goal is to just be a street corner wheeler dealer, then you might try following simple steeps in dealing in real estate that are often misrepresented as an "education", you'll find that such methods are not that easy or profitable. 

I picket up the junkiest SFR on the street as usual, in the top four most sought after lakefront areas in my county.

I was able to cap off the storm drain, and slow down the water flow from the street (but I didn't stop it).

I would walk anywhere at night except maybe some dark alley streets. 

The 2008 financial crisis was caused by the Federal Reserve and government housing policies, not deregulation on Wall Street.

Most tenants prefer quite, residential blocks and streets.

(It's EQUALLY as important to buy your primary smartly as it is for {other} investments).Meantime, it's comparing the SOLD Comps that should give you your answer as to whether this is a bargain in its street, or not.  

So there are a couple types of flooding - that due to localized flooding in a specific area i.e. the streets drainage pipes are plugged or too small.

The property is on a corner, and the other side of the street is residential.