I still haven’t met a person that likes to pay taxes.20% in gold: investing in gold is betting governments will keep borrowing at elevated levels, and hence depreciate their currencies, causing investors to lose trust.

Each of these properties are now required to have a $550 elevation certificate, which is a nice chunk of money from my pocket.

.- permission from the planning and zoning desk- topographic map from a civil engineer- Building plans and elevations from an architect - Site plans from Civil Engineer.

The seller has agreed to pay rent (somewhat elevated) and gave us a move out date of between Aug 1-15th.

Specifically:“The management of the property necessarily involved alterations and repairs…..it was also necessary to furnish elevator service, heat, light and water which required regular and continuous activity and the employment of labor, the buying of material and many other things which come within the definition of business”.

The table below provides a quick reference for the average sale and rental prices for Miami's coastal areas.A Look at the Flood Risk and Elevation of a Miami Vacation Rental ROIA Miami waterfront home's ROI as a rental property is largely impacted by the precise location and elevation.

These prices (~$125/sq ft) are elevated for the area-- a an older home that has been remodeled sells pretty strictly for $100/sq foot.

This will elevate some of the variables.You will have to buy and install the new electric heating, but once it done, you wont have to worry about how much heating your tenants use.It is unlikely that you can separate the water service very easy, likely alot of the estimated costs of installing the extra meters (assuming you do not have large impact fees associated with new meters).  

The plumber pointed out the elevation and slope of the property and how the back yard is lower than the front which is another reason it might have flooded; water doesn’t flow up.At this point, we have the cap off of the clean-out.

I do have to pay flood insurance, and it was based off of my elevation certificate.