Buying property in a flood zone has its unique challenges, especially when it comes to renovating or improving an existing structure. One rule that every buyer and investor in these areas needs to understand is the FEMA 50% Rule. This rule plays a significant role in limiting how much you can spend on renovations in flood-prone areas without triggering costly compliance upgrades. In this article, we’ll break down the FEMA 50% Rule and explore its pros, cons, and practical tips so you can make informed choices.
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