@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.

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.

Naturally, the media has been discussing a recession which has made me hesitant to move forwards.

I'm a realtor so I'm naturally around real estate constantly, but I haven't yet pulled that trigger on my first investment property. 

I know in corporate America time off isn't always available, but maybe take one week off from your day job and actually volunteer at another to see what its like.Try to envision "big picture" what you want for a job. 

I'm naturally very optimistic and the fact that this recession was forced by a virus and not a financial or economic crisis leads me to be think it will be sooner than later.

The cherry on-top is the professional and conservative nature of the student group, which is expected to drive lower maintenance costs than your average college student!

Any contractor can work on any rehab project but just because they "can" doesn't mean they have the knowledge or understanding of the unique nature and intricacies of the rehab loan guidelines, paperwork, timelines, compensation structure, etc.