He doesn't even want to try expanding with a single condo, much less another commercial property or house no matter how cheap, and all the investing he would ever do would have to be localized to South Beach. 

Only a few have ever left early and all chose the early termination route as it's cheap and a clean break.

If I was that cheap why the hell would you even want my advice?

I am sure that area would be fine as long as you buy cheap enough to offset the slightly more difficult management issues. 

But for me, it boils down to the rationale that when I fall on hard times when the black swan comes around, I will not lose that precious asset, even with the worst of situations hitting me, because only uncle Sam could take it away now, but compared to other bills, taxes are cheap (at least relatively, my property taxes are cheap for now).

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It will be interesting what developers do with the new required build standard that is not cheap.

If it does, that is a cheap.

you can read/listen to whatever books are in your library.....for FREE......anything else go to the good wheel and find some of the books for CHEAP....2. i humbly say.....dont get too many real estate books but get mindset books.....and book on business and then listen to podcasts on real estate......just my opinion

I travel a lot and it would be helpful if I could use it throughout the day!