Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

I buy lighting off amazon and splurge at $300-600/unit.

My basement is setup as a private studio with its own entrance, tenant will have his/her own laundry and kitchen, not sharing anything with the upstairs.

Amazon is less than a mile away from that land with a new distribution center.

In addition to Intel, other big companies like Google, Amazon and Facebook are also expanding their business here in Columbus.

How is the housing market for a studio - 1BR at the moment ?

Super old studios. 

Major business like Amazon, ABC Supply Co and Dollar General Co have invested billions of dollars into the local economies and renovated large portions of both cities.

Studios 0 Beds 1 Bath in Coral Gables start at $2100 on the edge.From a Investment stand point, Miramar, Pembroke Pines, Coral Springs, Sunrise, Cooper City, Hollywood and Hollywood Beach, Plantation, Coconut Creek, Dania in Broward County will have better comps.

We want to rent out the ground studio unit to tenants and were wondering whether we should disclose the flood area zoning to the tenants and require them to have flood insurance, which might make it hard to find tenants as it increases their living costs.