I don't think we will reach those lows again, but wouldn't necessarily bet against it, either.If you are skittish now, I'd get it on the market right now while there's still a season left, and price it to MOVE.  

This seems like my best bet at the moment.

Investing in Detroit in 1950 seemed like a solid bet.  

Regular sale with 1031 exchange, where you still have to pay for pre-sale rehab and commission (5-6%).

Who wants to bet the daughter has maxed out student loans, they both have iPhones, and make needless purchases? 

Your best bet is to contact the County you plan to build in (Miami-Dade County or City of Miami) and see if a stamped set of plans is required for the development of land and building Deparment permits.

I do expect an ROI but my bet is that if I lead with value by actually trying to help homeowners (and lose potential deals in the process) that I’d build goodwill in the community and more than make up for it with:1.

It is simply a high-stakes gamble that you have to exit in 3 yrs or the bet won't pay off.

I bet realistically most people would stop there.

Of the options I’ve purchased, a majority expired unexercised, mainly because they were “flyers” for me on a bet on a beneficial event happening that wasn’t likely to happen.