And does your calculation take into consideration the fact that an entire town can burn down, and the only assistance the government will give you is a $700 gift card? 

Does anyone know of a list site that will provide targeted lists (that are not a scam) like:- Owners of houses who have owned thier homes for over 20 years (posssible repair problems so they might sell for less, or possible free and clear owners who might sell for terms)- Non-owner occupied (burned out landlords)Then one could do a direct mail campaign.

Howdy BP, If you were an investor with $2-4M to invest (leveraged against another property at around 6.5%) and looking for the lowest energy and management input but the highest free cash flowing asset, what and where would it be? 

you won't be able to pull a permit. when someone lives in it and it doesn't have HVAC, plumbing, or electrical right and it burns down like another garage I tore down and someone lost their life in linden you'll get hit with a lawsuit. good luck. you'll also be the first person I've ever seen to get a second adu built in linden.

One of my strategies will be to put money into energy efficiency to decrease heating costs, and increase my cash flow - Maine has some good loan programs/rebates that can really help tighten up a building, and finance efficient heating, so I'll be taking advantage of those.

If it is mostly smoke damage to the interior it will be ok, but if the roof caught fire and burned away that's a whole different ball game.

Some exclude short-term rentals and if that's in the fine print and your home burns or is damaged in a storm, it's not covered because you acted outside the policy limitations.

This lowers the energy bill for the tenant as they will use the window a/c units much less.Since it’s near the lake, it gets pretty humid and stuffy and air circulation is a tremendous help.It’s also much quieter, which is good as that area is relatively peaceful. 

They say the stock market AVERAGES 10% for a reason... a crash and burn eventually shows up and your "this is easy peezy" becomes a panic as your portfolio crashes.

The county assesses those lots as worth about 10K, but when houses burn down in the neighborhoods where I have houses, the rarely rebuild them.