With fiscally responsible administration, the needless waste will be trimmed. 

However, advice such as you can't go wrong long term paying retail price for RE definitely seems questionable and influenced by his being a realtor.

Also, Bulletproof Asset Protection teaches about asset protection, Who Moved My Cheese teaches about dealing with change, How to Win Friends and Influence People is one of the best books for personal development.

Age and condition of the property, quality of tenants, and frequency of turnover all influence this cost.  

...also @Lane Kawaoka is a solid influencer on the island, always with the good advice!

Their circle of influence and sphere will utilize them to invest and the license can be used effectively.

All your eggs in one basket is fiscally poor thinking.

All these things will greatly influence the strategy you take.

It doesn't help that the National Floodplain maps are outdated and universally acknowledged to be "politically influenced" (as certain neighborhoods in Houston demonstrated).Maybe it's a bit short-sighted but with plenty of solid places to invest (major cities with booming job markets), it makes pulling the trigger on Florida an unenthusiastic choice.

It might be missing some features, but you'll be able to influence development to better fit your needs.