I’m considering even taking the risk of investing out of state in markets with lower property taxes and insurance costs than Florida to increase cash flow.

I also review the insurance costs and try to get a solid estimate of coverage expenses to fine-tune my calculations.

I would also keep in mind that very often it is not so much the decision itself but the decision maker that determines the success of a course of action.

Weather also makes insurance more expensive - wind and hail damage properties. 

When money clouds decisions, ethics are often the first casualty.

This decision not only maximized immediate profits but also enhanced positioning for future investment opportunities, demonstrating adaptability and a forward-thinking investment approach.

If this is not available then we have done demo and just removed the structure.Sidenote for people who see the title: Do not burn down a house on purpose for insurance reasons.....That is called fraud and is criminal :) 

Then they won't need an upfront payment for work they haven't provided yet.Also, get a signed contract, copy of the drivers license, contractor's license and be added to their liability insurance.

You also don't want someone with a dog in the race to be making decisions for your investment.

Investment product marketers who claim to be GPs, GPs who claim “ownership”, insurance salesman who claim to be “financial advisors”, people who attended an executive training program claiming to have an MBA, what ever happened to honesty?