there some great answers given so far and I wanted to just add that compared to up north insurance is actually much less costly. Many of my clients that have rental properties in Cape Coral and Ft. Myers are purchasing Citizens Insurance and are getting insurance for as little $700 a year with a liability policy. The construction year and replacement cost will determine much of what your insurance will cost. If you would like I can give you two of the insurance companies we works with and they will do a prelim cost analysis on the houses you find interest in. I would be happy to help you in any fashion I can.
Adolfo "A.D." Diaz
Terence Trombetti â€¢ RealtorÂ®
Licensed Florida Realtor Since 2004
Gulf Coast Realty Network
Search For Homes On The REALTOR's MLS
GO TO: http://fl.living.net/idxrealtor/1222901
*Contact me for a current list of active properties that fit your needs too. Conventional, foreclosure and short sales. All properties I send come directly from the Realtor's MLS system and therefore are real-time current information, only active and available homes.