Since all the damage along the coast with payout of claims flood insurance policy annually is sky high.

They lost that option when they chose not to take care of it prior to move-out. 

Sent offer early saturday afternoon.Seller didn't know what owner's policy insurance and related fees are (standard verbiage that just gets checked off on an offer nothing added).

Similarly, prior to that the building of the Verizon Center where the Washington Wizards play sparked gentrification of the Chinatown neighborhood in DC.Also has anyone had any luck in buying ahead of such change?

Now I am having a good bit of trouble finding a policy for this unit. 

One would think she had an idea of what the condition was prior to giving you an offer but regardless had they set aside the time for due diligence she could've voiced her concerns then.

Building needs $10,000 is common area updates and then each vacant unit would need paint, possibly carpet prior to renting.  

The consumer must receive the Closing Disclosure at least three business days prior to consummation.

Prior to purchasing a house he knows his exit price by analyzing comps inside and out.  

I do have some prior experience as a property manager in Orlando for some large units that housed college students including a fraternity house so I am not too scared about becoming a landlord.