I live in CA and plan to invest into a RE rental property in Florida incorporating business entities for an assets protection. 

Hi Michael-Great question and an important skill for investors to understand.I recommend the ABC's of Real Estate Investing by Ken McElroy and Ken's YouTube Channel.If you are an investor, I recommend finding and using a good property manager for your properties as soon as possible to maximize your return on investment and make owning as passive as possible.A good property manager is a key part of your real estate investing team.Get them involved early in the underwriting process of a potential acquisitions and the planning for adding value.To Your Success!

If they don't sign the renewal they have other plans most of the time. 

Sure, it's a bigger upfront investment, but it could pay off nicely, especially if you're planning to move there eventually.

Are you planning to sell your primary in the near future?

That is a retrievable amout to me but I do not plan on quitting my job. 

I now have 9 doors (including where I live) and plan on buying more. 

As a Certified Financial Planner specializing in real estate investments, I'm excited to offer some insights into your retirement planning question.

All things to consider. 5) how do you plan on managing the property?

Our original plan was to build wealthy by holding this property for 10+ years but now we are thinking 200K tax free is sounding pretty good.