Life insurance?  

Insurance is a better solution.

Auctions are no different title wise than buying any other property you going to go through escrow and get title insurance or you dont buy it.

- **Property Taxes and Insurance**: - These payments are usually your responsibility as the buyer.

Hurricanes aren’t what’s driving up insurance rates in Florida.

The thing I would be worried about is that these two properties will consume your entire life, you will have to overspend on both, you will overdo it on both because of the attachment and will end up with properties that are worth way more to you (emotionally) than to the open market.Your area has starkly rising insurance costs because of fires and the property in Carlsbad being near the water now has strong flood risk so your insurance and holding costs are going to keep going up and up which may hold down the overall value.

HOA and insurance costs as low as possible.Can you suggest a few good cities in the FL with lower vacancy rates and close to nature/activities?

What are the monthly taxes and insurance pmts?

The rents were at $1000 a door with a potential to increase up to $1250 after some small TLC renovations.When you factor in the price point, lower taxes and lower insurance you have yourself a sure fire cash flow deal.

You don't want to get stuck with negative cash-flow because you can't find another care facility tenant to rent it.Also, probably want to check with your insurance provider and see if all those tenants who are likely to fall and break a hip are going to be an issue for them, and look into the legality of what happens in the care facility owner dies and you're stuck with 5-8 tenants in the home with no one to care for them and no living descendants.