One of Florida's main attractions is its diverse water activity portfolio, and Fort Myers has an absolutely massive array of "canal-front" properties, of which many lead to the Gulf.So there it is.

Just am learning that landlord pays tpart of the utilities (2000 per year) so the cash flow number are much less attractive @7.1%.

However, the primary attraction for people moving there is the school system and so you will have many families looking to establish residency there.  

The tenants you could attract would be the final determinant.

Financial freedom is what I find so attractive about real estate.  

That's certainly your prerogative, but when you are cutting corners, don't be surprised when you attract customers who want to do the same.Sorry if this comes off as harsh, but I call 'em like I see 'em...and I hate to see people cutting corners in this industry. 

Wholesaling seems to attract a lot people with dreams of becoming a rich real estate entrepreneur without any money, or taking the time to learn what they are doing.

Waco became attractive because of the school and the extremely low property values.

REI seems very attractive, both from a passive and active perspective.  

And Thank you for "Gripe"  I understand that mindset, because they want to property to look the most attractive to their end investor but when the investor does their due diligence like yourself, it looses credibility quickly.