Fire damaged property

[Kaleb Carsten]

Hey BP,

I'm currently finishing up a renovation on a but and hold property and beginning to look for another property. In my searches I found a for sale by owner that has some fire damage in the basement.  I started thinking this could be a good deal if it could be purchased for the right price. 

So my question is does anything change if a place has had a fire in it? Are there any additional steps that need to be taken when purchasing a fire damaged property?