But before we dive into the formula, let's meet the players in this real estate drama:Rental Income: The star of the show – this is the money you receive from renting out your property.Mortgage Payment: The giant elephant in the room – this can be a hefty expense, but don't worry, it's worth it in the long run.Property Taxes: The government's cut – just like paying taxes on your salary, you have to pay taxes on your rental property too.Insurance: The safety net – protects your property and your finances in case of natural disasters or accidents.Repairs and Maintenance: The handyman – because things break, it's just a fact of life.Utilities: The energy boosters – keep your tenants comfortable and happy.Property Management Fees (if applicable): The middleman – if you don't have the time or patience to deal with the day-to-day responsibilities of being a landlord, this is the solution.Now that you know the players, let's get to the formula:Actual Cash Flow = Rental Income - (Mortgage Payment + Property Taxes + Insurance + Repairs and Maintenance + Utilities + Property Management Fees)It's simple, yet powerful.

I've got a good grasp of the basic market but have less of an understanding of some particulars of Brickell, incl. long-term expected condo maintenance costs, good rent/purchase ratios, navigating potential new construction (such as that giant complex going up behind the church), and some proposed environmental changes (such as the seawall)Obviously not looking for answers on everything, just hoping to chat and understand how successful investors are thinking through the short and long term.

Thank you @Dick Rosen. 

That giant pile of granules in the gutter afterwards is your roof life literally going down the drain.

I sell primarily in Scottsdale, AZ and as you may know, Arizona is a giant melting pot of people from all over the country.

They bought new cars, new trucks, all sorts of tools and equipment, hired people, etc and when the music stopped playing, they had a giant monthly nut and were sitting on a handful of houses at various stages.

Go to the local meetups, send out yellow pages, knock on doors, make phone calls, talk with your uncle who is a landlord and will probably sell at some point, talk with the realtor who gave you your last deal.I have nothing against LoopNet and other MLS sites - they are definitely still a source of deals but those deals are looked at by every Tom, Dick, and Jane out there.

It's also a giant red flag that premierfinancialtraining.net literally has no information (events, programs, owners, reviews, etc.) without logging in.

You are looking for a giant unicorn.

@Bruce WoodruffThere is no need for dick comments.