"The contents of our entire home are still in my front yard. I am on open water, and in 24 to 48 hours, my couch might be 10 miles away." Stuteville's words highlight the immediate chaos and reality of preparing for another hurricane, emphasizing the uncertainty of property safety in such vulnerable locations.
"I'd say two-thirds of them are in flood areas." Stuteville reveals the widespread risk landlords face in southwest Florida, complicating their financial decisions about rebuilding or selling properties.
Stuteville states he is self-insured for all of his properties, making him financially responsible for damages. This choice demonstrates the precarious balance landlords must navigate between insurance costs and potential losses.
"For him and other landlords in southwest Florida who've had their investment and rental properties damaged, there are two grim options: try to rebuild or sell and let somebody else do it." This illustrates the limited response strategies available to affected landlords.
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