Insurance is a killer.  

He suggests insurance company workers need to be stationed down there for months, and will need a place to rent.

Here is an article worth reading that will help you gain a better understanding of their business model and salaries: https://www.redfin.com/blog/2018/01/how-much-do-redfin-agents-earn.htmlAveraging $90K with health insurance and a multitude of other benefits doesn’t seem to be underpaid in my opinion vs. the industry average of $44K.

Since in the past 10 years, you see those type of storms / flooding more and more.I would also worry about the insurance price or having to need a flood insurance or even not begin able to insure the property at all.Bottom line, costal living is still a dream for lots of people and if you are willing to take on the risk, then go for it.

I estimate taxes and insurance on $900k home will be $12k not including HOA. 

Hi All,I would like to know if it is necessary or recommended to get a Builders risk insurance as the Developer/Flipper on a Flix and Flip even if my contractor has general liability insurance and workers comp insurance?

Then a whole life insurance plan that is $20k cash between my wife and I.

. / mo flood insurance.  

But that facility would be held not in the clouds but in a secured facility and insured in case of a data breach. 

Same rent, same insurance, same taxes...