I personally haven't sent postcards, I've had good luck with PPC and Video ads. 

Does anyone know if buying a condo in Miami is a good idea?

Good for them for making that kind of money just for making the introductions.The other thing about working with a wholesaler is that you are likely working off of their Contract timeline, not your own, since they likely secured a contract before you came along. 

I'm pretty good about logging into Pricelabs several times a week but I'm still looking for more.

I can't really speak to how good they are at criminal records; as far as I recall it either didn't find anything, or just something minor like a speeding ticket, for both sets of applicants I ran it on. 

Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.

Of course we want to grow and scale, but the beauty of this strategy is the flexibility - don't think that just because you dont cash flow right after you move, it is not a good investment. 

Good luck and let us know how it turns out.

Thanks for your insight, I didn't realize that's what it was- I wasn't 100% sure of the method, and knew it was in the "too good to be true" category, but that's a whole different presentation there of what this method really is.

Good luck on your Real Estate journey.