It is pricey and a little hard to make the numbers in my experience, but it is a vast area (S FL in general) so I am sure there are pockets where it makes sense. 

Hi Caleb,Welcome to the Bigger Pockets Forum and if you ever have any quetions feel free to reach out. 

I’m reminded of a buddy of mine who moved from Brooklyn to Scottsdale.. he initially thought the desert was just cacti and scorching heat, but soon realized there’s a thriving market here with pockets of real oportuntiy.Working with an investor who’s ready to spec build is a fantastic way to dive in.

Based on the questions you are asking I think you need to spend more time listening to podcasts like Bigger Pockets and Bigger Pockets Rookie.

It's probably best to have them pay out of pocket for a smaller cost like this.

Welcome to Bigger Pockets @Jay Rock ! 

I came across Bigger Pockets and read some articles, and listened to some pod casts.

Around this time I discovered Bigger Pockets and a bunch of real estate platforms online.

Hi Ming, welcome to bigger pockets.

This is critical because depending on your future goals and what we think the market is going to do, we can structure everything to keep more money in your pocket for the next deal.