I am intimately familiar with the Worcester Market for the last 20+ years and the multiple cycles we have seen. 

I am intimately aware of a few who have.

Luckily I was able to get it livable and up to code in time.

@John McKinnon I'm intimately familiar with this law... it was a huge hot button issue in NH last year. 

I am assuming the power will not be restored in time for me to have the property inspected 100% and I don’t know how I feel about that, given what I saw at the panel and knowing that it’s not up to code.

@Todd PowellBetween my daughters/me we have 20 buildings/50 units and I use the 4 mile generously.  16 of our buildings are within 2 mile radius and 4 of them are 4 miles away in another wonderful neighborhood so we drill into areas we know intimately.   

Remember that you will hold the property for many years so look beyond initial return.ROI is a Snapshot in TimeReturn metrics, like ROI, are only a snapshot in time.

You should get 3-5 comps for a property, if you don't, go further back in time another 3 months.

Since you are a month in, it gets flagged and in time when it's inconvenient pop up.  

If a RE investor is relentlessly bullish on real estate, and/or if the goal is to turn $20K into $10M in 10 years - then yes, probably good advice to lever as much as possible and relever to the max at all available points in time.