Climate migration is another driver, fresh water and a stable climate with moderate temperatures are on more and more people's mind.

So, simply holding a turnkey property for X number of years is no guarantee of wealth--it depends on the property, and its market.Regardless of whether the property appreciates, depreciates or holds steady, cashflow is still crucially important because it reduces the risk of losing the property.

The fact you are in Florida with a much higher ground water temperature makes it a no brainer.

@Peter Vekselman most real estate investing in general especially in single family homes, is going to be more of that long term safe steady investment play.

The main benefit to investing in these markets is steady annual appreciation and steady demand for housing.

We (wife and I) own short and mid term rentals and have been at it for 3-4 years on the slow and steady wins the race path - buying a property every 12-18 months. 

The firm believes that such renters are more likely to be long-term tenants, which means lower turnover costs and steady cash flow.

Steady income? 

My opinion is that you will need to have a steady flow of leads coming in if you want to turn this into a business.Usually, the good deals are sold directly from agents to their network of buyers and they may not even make it on the MLS.

You would like to think the PM company would have good vendors, but not all of them do and unfortunately sometimes the vendors get sloppy because they know they have a steady stream of work from the PM company.