Looking to buy first multi-family... high flood-risk

[Taylor Johnson]

Hi there! I'm in the process of making my first real estate investment and came across a property that is of high-flood risk.

This is not uncommon for my location - about 14% of all properties in my city have a 26% or greater chance of severely being impacted by flooding in the next 30 years.

I'm currently looking at a duplex that is "extreme" flood risk (10/10 rating). I know the short-term solution here would be flood insurance... but long-term, I know this will affect resell value.

As an investor newbie - is it worth avoiding & looking at other potential duplexes?