Hawaii or Florida

[Eric Justice]

Is it better to own in Florida or Hawaii? 

[Elias Halvorson]

For me, when you factor in insurance, the FL market is just not where I want to be. I sold 4 cheap rentals in Gulfport/Buloxi this past year because I got sick of the hurricanes and carrying insurance pretty much eliminated almost all cashflow. 

Pay all cash? Where you gonna live braddah, Waianae? As you likely know, the average 3/2 here is $1.1M. I know you have a finance background and to each their own, but leveraging debt is a much faster way.