@Joel Fine its funny you ran those numbers because i was doing the exact same this week as i was breaking down a market i saw as profitable until i incorporated the cost of a management fee.

How do you deal with the threat of natural disasters, take the last hurricane (Michael) for an example how can you recover as an investor from a disaster like this?

Real estate is property made up of land and the buildings on it, as well as the natural resources of the land, including uncultivated flora and fauna, farmed crops and livestock, water and mineral deposits..."

It's very specific to your market and the nature of the downturn. 

I hope this isn't to insensitive. I was looking at a few properties in Mexico Beach and Port Saint Joe prior to their recent tragedy. How does this type of event affect the market in that area?What is the process of r...

The boutique nature of the size lends itself to all kinds of things.2.

I spend hours house hunting, going to open houses, looking at comps, and demos just for fun -- so I think naturally becoming a Realtor would be in the best interest for me?

You'd be able to model the various pros and cons that you described to see what the best option might be for your portfolio.Based on your description, the office model might have an above average growth rate given the location and less replacement reserves given the nature of the structure.

It's lovely natural land...hey, how would you like to have your very own Wildlife preserve?

MIXED USE PROPERTIESIf it can be determined that the nature, intent, and primary purpose of the property is residential in use.