Ben, newer houses cost a lot more money and you will have negative cash flow on them to begin.I agree that higher priced rentals attract better tenants but if this happened in a newer house, more expensive stuff will be damaged.We are having extreme weather and that's all. 

Going to speak to lenders to see what I can get pre-quali/pre-approval forIn terms of specific locations in the area I'll be looking at:- Little Havana, Allapattah, Little Haiti, Brownsville, West little river, Doral, Fontainebleu, Tamiami@Jamaal Gill- My mom actually prefers moving to Florida vs staying in New York (she wants the warmer weather haha) you brought up an interesting option which hadn't crossed my mind to rent out the LI house.

I worry I may be a bit harsh on this but I don't want to continue being so lenient either..TL;DR: New general contractor has me setting up subcontractors, does not stay in budget, does not communicate issues, pushes dates.

And FYI usually lenders require a weathering period, a period that you need to own + manage the investment (typically 3 years), before they will provide you cash out refi financing.

Whether you believe it or not, Miami is already dealing with weather-related issues and its going to get worse.

Today it would be just impossible.I feel attracted to areas that are different from Spain, that maybe have more green or a colder weather, so have to rule out Arizona (although prices seem ok), California (expensive!)

Increasing capital reserves will help them weather the storms and (hopefully) stay in business if the economy goes poorly.Just like in our business.

If you are replacing it, then which is the best weather resistant and environmentally friendly roofing.

I bought land 16 years ago after living in Big Bear in JT and built a 2800 Sq ft custom home.I work from home and although I really do not care about the value fluctuation the area construction is flooded with air bnb investors looking for strong cash flow,low maintenance and they have it with sold out bookings for nine months of temperate weather.

@Mario Dattilo, am I right to avoid Florida because of the weather risks?