If it is, then you may not have any other recourse unless you had some natural disaster clause in the contract.

So now I'm posing this as a supplemental question to the original.

Naturally the PM is no more; we do our own now, inspect all units either every six months or once a year depending on how long the tenant has been there.

We switched every unit to natural gas after we purchased them; I would make this a goal if you have oil currently.

@Stephen Colaco The most basic definition is that an accredited investor is a natural person who has a gross income of $200k per year if single, $300k per year if married OR has a net worth of at least $1 Million excluding one's personal residence.

Add a closet, proper windows, and supplemental heating.

This job is typically 100% commission, but being that it is not an entry level position and I am an entry level candidate, they have offered me a decent sized salary to supplement me until I can establish a foundation in my area.

They had the home locked in at $220,000.Does anyone out there have any experience with purchasing real estate following a natural disaster such as this? 

Outside of arson or a natural disaster like a twister this is horrible.  

I am skeptical by nature and prefer to do my own research/due diligence.