Now that the market is picking up here in Miami, FL there is a real opportunity to buyout the other siblings, increase the rent to about $1100-$1300 and start to bring in a positive cash flow.

Many contractors bid the work and then let the City inspectors pick apart the project and they charge the owners for changes.

I just picked up 20. 

Also, try going to local cash auctions and picking up real buyers there as well.

It most certainly is not a method of analysis on which you would base a purchase decision - for that you want to breakout your favourite slide-rule, or spreadsheet, and carry out a full discounted cash-flow analysis of the property over a projected hold period.If not already in your library, I would suggest picking-up a copy of @Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow" and working your way through it as a starting point to property analysis.

We Buy Houses) I was taught to have them put out Friday evening and get them picked up Sunday night to avoid code enforcement.

I look forward to connecting with the experienced investors on this forum and would love to pick your brain!

I think the point is to kick around ideas see what others are doing, so you can do a little research yourself to pick the right structure for you unique individual circumstances.  

To start, you have options like rental properties, flipping, etc. to pick from.

I'm planning talking to my real estate agent and picking her brain on who could give me rental rates for the commercial side of a property I am looking at, but because it's such a small town, there doesn't seem to be many options.