Is this due to the varying climate of each market, hot or cold (in terms of home pricing), or could it be due to cultural mismatches with the message?

.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?

Cash flow would be great as well, but appears challenging in our current climate.

How do I go about looking for multi family homes in this expensive climate? 

Zach, This is a very tough climate for being a limited partner in a multifamily syndication.

How do you assess the overall investment climate for multi-family properties at present, considering factors such as interest rates, economic indicators, and housing supply dynamics?

A temperate climate enhances the season for outdoor sports, including world-class golf, hiking, biking, and fishing.

I know that you can get single family homes that should cashflow nicely and also hopefully appreciate in value, although, as you probably know we can't bank on appreciation in this difficult market climate. 

Strong Rental Market: Florida's year-round warm climate and tourist attractions make it a popular destination for renters, ensuring a steady demand for rental properties.2.

In a warmer climate like Miami, I would try to stick with hard surfaces.