You'll see everything in time and with every new tenant you'll make adjustments to your leases.  

I'm not interested in accumulating a lot of properties because it's easier to own fewer, very high quality, great return places than getting over extended in time and money. 

Justin Sadauskas at this point in time you're spectating.

In time you will find what works.

Simply inform all applicants you do not want to accept that they are not first in line and that you are still screening applications and you will inform them in time.

*The tenant moves out, but you find the unit needs much more repair and/or cleaning than you thought and now it won't be ready in time for the new tenant*Among other situations, I'm sure.Market your upcoming units as "coming soon" to start gaining interest if that makes you feel better.

Whatever you might lose in time and money via court, it is part of the deal and to me, its important to communicate before and after any notice to ensure the tenant is fully aware of where I stand and so I can discover any simple issues that I may have been unaware of. 

In time you might find one of those niches to really focus on.

Do you feel Cape Coral is still a good option at this point in time for someone like me considering a new build?

Many I don’t think factor in time effort and cost in their returns