Miami, FL: First time House Hacking

[Sheratanairy Flores]

Hello!

Finally taking the steps towards financial freedom. I live in Miami, FL and the market here just like I'm sure in many other places is crazy expensive! The plan is to purchase a multifamily property and house hack. Have been approved for 650K, which is what seems to be the average purchasing price for many of the duplexes in decent Miami area neighborhoods. I've looked at several of these properties and plugged in numbers on the rental property calculator and it just doesn't seem like I've come across any properties that look like they can be a great deal cash flow wise. I've rewatched some of the webinars, and I know its mentioned that the first most important step is to take action and that the first purchase may not always be the greatest deal, but you just have to take action. Any advice?