For our next play we want to get into a single or multi-family, and preferably participate in what seems like a booming market in Florida. 

As Jay and Jamie have stated above, a minimum of 6 different factors play into the pricing, but it is not an all or none issue. 

Water - landlord plays in JC heights typically.

But the cost to play that game is higher than the likes of Eugene or Roseburg or Salem.

Quote from @John Williams: Quote from @Daniel McDonald: @John Williams like Bruce mentioned area is going to play a huge part. 

Generally you go with the strictest ruling.With that said, it becomes a risk play.

Cash flow is real, but it’s often a long-term play.

If your goal is to offset your mortgage with a house hack then Lowell would be a good bet, but if you're looking for a longer term appreciation play then the areas closer to the city would be better, although the offset from cashflow may be lower than what you're looking for.A good step for you would be to dig into specific areas more as @Lien Vuong noted above.

Interesting - I have been investing in Philly for 8 years, run a  group of 2500 small landlords, speak at lots of events, know and network with many of the players  . . . but never heard of him before.

To answer your question yes its enough but in many cases it might be risky.2. location, room to raise rents, occupancy of property, local laws, type of investment are just a few topics that play a huge part.