Having been through the 16 - 19% rates of the early 1980s, I know the current environment of low rates may not endure ... if it does, we have larger issues around stagnation.  

Your life will be much more enjoyable and your bank account much healthier.

I only do MFH but I live in a very urban environment where 54% of housing is MFH - and 24% are SFH with the rest as condos.

Miami is the 2nd fastest growing metro in the country right now - (behind Dallas), so unfortunately, it just comes down to being a highly competitive environment out there right now - as I'm @Andy Collins can attest to.

There isn't much info out on the business, so I'm not sure if the business functions within the wholesaler role only, or if just offers an environment for the seller/wholesaler/buyer to interact amongst one another.

For me, this environment is perfect.

You will find it's a great environment with strong values.  

These properties always seem like a great deal but usually if it's in this price point's typical environment, it could be a headache collecting rent or dealing with quality tenants.

If you have any real equity in your condo you may think about selling it and using that money towards another rental that is not a condo.As a side note I would NEVER do an ARM (or 15 year note for that matter) in this environment. 

In the corporate environment, that's just the norm.