Also the school districts have been increasing property taxes in A LOT of investment properties thus eating some of our profits. 

My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

Thank you for your consideration.

The importance of lowering expenses and increasing efficiency to maximize property income.

Alternatively, investing in money markets is another consideration.

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

Is this something I should take in consideration? 

Quote from @Brad Kremer: Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today.

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

And I definitely understand that HOA fees are getting unreasonable and on top of that, insurance companies are increasing prices.My reason for moving to Miami is for better quality of life and more opportunity in other arenas as well.