The property is located in an area protected by a levee; unfortunately, FEMA has stated that they don't believe the levee would protect against a 100-year flood, and thus is still considered high-risk.Given the house was built in 1875 and apparently survived the area's worst flood in 1937, as well as others, and given that the levee apparently protects against all but the worst floods, I'm thinking of simply skipping flood insurance.

I just have not been able to determine any strategy yet.

You'll have to determine if a title search is required before or after you bid.Let me know if you'd like more info.

I think we have to determine this before we can attempt to understand the new concept of "Institutional Crowdfunding".It sounds like Institutional Crowdfunding of Loans is just a new name for the same old players but may now include Hedge Fund Operators that have made themselves "accredited" and without "accreditation" you can not participate in buying into your slice of the Institutional Lending Pie?

First, you need to determine what the highest and best use of the property is.

Individuals generally don't convey by SWD unless some matter is excepted out in that deed.If it's just a SWD without listed exceptions sounds too like the attorney is venturing off to where he thinks he's simply protecting his client.

Less Red Light and Speed Cameras, parking tends to be FREE. etc.As to areas, I would just suggest you use the MLS access that you have, run numbers on properties based on rent, and the usual expenses of Taxes, Insurance, Debt coverage, etc.Then once an area comes over as decent, check into if Landlords must "register" this is a new trend that provides a landlord with no discernible benefit but to simply pay a yearly fee to the municipality so they can line their coffers more.

I suppose that simply is what it is.  

. . .1) a 60 year old house in dated but reasonably good condition is purchased for 75K2) the insurance agent's system determines that the correct replacement cost value for that square footage in that location is 190K3) it's insured for 190K, but with Actual Cash Value coverageWhat amount might be paid by the insurance company if it was a total loss shortly after it was purchased?

Have you really explored your market to determine what values are and is your market going up or down?