Gulf front, 6th floor (so your views are over the tops of the palm trees) master bedroom with a king to sleep and an ensuite, two other queens, another bath and full kitchen.You might consider this a hybrid investment with vacation benefits.

some folks need to do that in order to sleep better at night. 

There is no right or wrong answer it depends on your financial situation and what lets you sleep at night.

When I wake up and When I go to sleep.

.- These total 10 duplexes should bring in 30K gross rent per month and cash-flow about ~3-4K/month.We don't plan to use any of the cash-flow for personal expenses and after keeping sufficient reserves, we will funnel the cash-flow to pay-off existing properties.

Insurance is great and absolutely required but it may not be sufficient if a renter or tenant comes after you.I have always suggested that investors go in highly leveraged.  

That wouldn’t make me lose any sleep.

Off the cuff, FHA can be difficult with appraisals, sellers willingness, self-sufficiency test, life time PMI, & FHA premium.

You were self-financing, marketing, buying, rehabbing, renting, and flipping your deals single-handedly and I remember wondering where you find time to sleep!

Much of real estate investing is being able to sleep at night and I imagine that's very difficult to do if you're worrying about if your $X00,000 beach house still has a roof the day after a Cat 5 blew threw and a Cat 3 pending the following week.