I added value to the seller by him getting more for the house than he would have on the open market and not having to clean it up or compromise his health with al the stress of a sale.

The losses from the bad risks scare a lot of them off or cause their pricing to be higher.  

And another question, would you buy a house in a flood zone or does it scare you away?

Plus, too cold.....Florida sunshine is much better for the health! 

@Sue HannSue,Don't scare me!

Do I call the health department? 

I made this account this past August but I was too scared to actually commit.

I told my allstate agent I was going to shop around because water damage scared me the most.

If you are going to resell or rent the home, it is a good safeguard to have a clean bill of health letter from a 3rd party for CYA.

I have paid 2x the "normal rate of interest" on some of my flips and profited nicely, and I've gotten "great deals" on others and barely covered my costs.The bigger question I'd put in front of you, though, is if flipping is the most strategic way to build credit health.