Some recovered and others were unable to get back in the game. 

Other items to think about would be your hold time.

I'm looking at a buy and hold for now.

Hi @Jessica Carcamo _ I would suggest a buy and hold rental property.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

But not including utilities, HOA fees, etc.I do plan on doing moderate, functional theming and a game/theater room.

I think you are on the right track however its going to be necessary for you to have some "skin in the game" sooner rather than later - while it can be appealing and seemingly possible to build a significant real estate portfolio with all of "OPM" the reality is you are probably going to need to have some equity in these properties - 20% or so down from your own funds to keep building. 

I am interested in 3 to 4 bedroom single family homes to flip and small to medium multifamily for buy and hold.

But I want to cash flow more somehow in thousands  not sure on your capital funding for Miami but if you have the capital and backing I'd look at development for STR towers in the 50-100 unit range. you can get lots around 1.2 million that you can go 12 stories on with structured parking in Wynwood right now that you can build a 15 million dollar asset worth 30 million. you can do the condo exit or hold it as apartments and permit short term rentals. there are some great articles about short term rental occupancy. miami has 22 renters for every 1 available apartment and has the #1 net migrations in the state of florida for cities and florida is the #1 net migration state. it is land locked and developer friendly. it's under built.