You realize it will take a while to learn the area and you'll have to compete against people with similar interests, ambitions, and have a huge leg up on you being Floridians?

Many of the estate homes are initially listed at full market value but cannot compete with the other homes on the market.

Most studies show that a private company can create 20 jobs with $1,000,000 while the Federal Government will create 5.J, your ice cream/swimming comparison is like saying that if you want to be tall, become an NBA player.

The big ones I see are neighborhoods where you are buying, hiring competent management companies, propertly screening your tenants, and keeping the properties maintained properly.If you don't hit on these critical items, you are going to have trouble, there's no doubt in my mind.

Your insurance buys you attorneys.Here is an anecdote for my Contracts course in Law School ( this is not legal advice; I haven't practiced in 2 decades and am not even competent to represent myself!).

I'm looking to expand my business into this neck of the woods and need to seek out a competent attorney before taking any subsequent steps.Thanks,Joey

If it is a great deal, you will find buyers and they will compete to be the first one to get the deal from you.

I can price compete with the U.S. #1 window installer, and I have heard them claim to be #1 manufacturer but I think it is a marketing ploy.

For instance in property selection, since their opinions vary, define the target properties in enough detail to avoid Company A and Company B competing in the same 'space'.

Also, the successful launch of their IPO and the interest from money managers and investors, especially if it continues, is going to give them great legitimacy so they will have a lot of leverage to deal with the power players in this field, e.g., The National Association of Realtors.