As I'm only truly exposed to my local market, I'm curious what people think is the most undervalued major market at the moment compared to 5 years from now and WHY. 

Find a local meetup and go to it every month at least.

Hey @Eric Forsberg I am always looking to connect with local investors.

ive been mostly looking for conventions but everything ive found is along the lines of "Grant cardone featuring david goggins panel; buy your tickets for $400 and network like never before" - anything more aligned/tailored for local investors? 

I also have local resources and references I can share. 

I'm here looking to get involved and familiar with a community of people that are in the world of finding these types of properties. who I can learn from and build health and mutually beneficial processional relationships with them to start my journey in investing and further theirs.        

I'm an active Realtor and investor and on the board of our local REIA.

If they are insuring the property in its current state, it's likely that a new buyer will also be able to obtain insurance without trouble.As for the mortgage aspect, the key factor will be ensuring that the house, including the patio "room" and its roof, meets all local building codes and standards.

Look up your local rules. 

It looks like home depot doesn't have a tool rental locally there.