Florida is an unusual state, there are 4-5 distinct markets for real estate and each has its own characteristics.Tallahassee / pan handle - unless you are from there, I do not recommend itNorth Florida (Jacksonville) and as far south as Daytona - I am bias, I am from there and have great cash flow.Orlando - It is getting overheated - hard to cash flowTampa - There are still good opportunities to cash flow.Miami - Looks more like other big east coast cities like NY, LA, SF, DC.  

While I have three distinct cabins currently under construction, I am in the design stage of a indoor pool cabin and returns are off the charts for them. 

So I would add a couple of things.1) Hard money lenders will have very distinct/unique terms.

Getting in front of the path of development is a distinct possibility.

One of the major tenets of our training and mentoring programs is that success in the vacation rental business depends on a distinctly hands-on approach.

I found the neighborhoods distinct, development moving throughout, and the parks and running paths on the river to be so engagement friendly.

These are valuated differently than properties with larger number of units like condos and apartment buildings so there is sometimes a distinction made.Tough to say what his exact point is without reading the book and looking at it in context but that would be my guess.

Keep the various elements logically distinct when you work the options.1.

Is it considered a distinct entity or part of metro Peoria?

It had the distinct aroma of snake oil.Am I overly cautious?