Flood insurance is property-specific depending on the flood zone the property is in and the property's elevation as determined by a surveyor on an elevation certificate.

I ask because right now I go online and just pick a home off zillo ect and then play with the bp tool calculators but it doesn't feel like I'm really running numbers because I may not have the purchase price, arv, ect.

It may also be worth having a 203k consultant come to see the property to determine the amount of repairs, just like we would with a home inspector.Any unused rehabilitation funds in a 203k loan will be reapplied to the principalThere is no early redemption penalty for any FHA loan.This is the basic research I have done so far.

You can always determine who is responsible for the problem after it has been addressed. 

Is their anyone here on bigger pockets that lives here in the state that I can talk with and possibly pick up some pointers from?

If you don't buy in a crummy area then you'll probably have you pick of a couple of PMs. 

Kevin's Attorney called Seller's Attorney who did pick up the phone at that time and Seller's Attorney claimed he was sick with the Flu and was not in the office to take care of the Cancellation.Kevin's Attorney, a week ago, was tired of waiting and then sent a Demand Letter in Writing to Seller's Attorney to promptly return deposit.Kevin went to find out more about the Seller's Attorney, specifically if he had any problems.We searched a public Court Website and found out that the Seller's Attorney was sued by a Client that was Purchasing a Property.

The company I work with has about 20 units in the area 100% occupied and just picked up another 18 units and they never stay vacant for more than a few weeks.I don't want to miss out on this deal!

I am not a lawyer, but liability is determined by the contract that both parties have signed.

I've always thought that paying trash ensured it gets picked up - but that may be a carry-over thought from my California days. so I pick up a small part of the water bill.