Great questions—buying in an AE flood zone definitely comes with risks, but it can also be an opportunity if you analyze the numbers, insurance costs, and future resale potential carefully.

I have a potential subto deal, that could be a great cash flow opportunity for someone, but the entry is a bit steep.

You could get this in Class C and D areas but "low risk" - that is the furthest from a low risk investment.

Small potatoes to risk family.

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.  

Any advice on potential MTR markets near Houston and surrounding areas?

You risk the chance of being sued for not letting someone apply that asked.Hope this helps, feel free to reach out if you have any other questions

What criteria are you guys using to qualify potential deals?

Quote from @Dana Hagans: Hey BP community, I’m looking into a potential flip in New York, and would love some insight from experienced investors.