At this stage I'm trying to pick a focus / niche given the macro & local market dynamics.Warm regards,UV Mathoda

@James Carlson If I could save 15-25% on a studio vs a 1 bed then I think it's worth it as long as the location is prime and there is something unique about the unit.

Miami, with its unique ecological situation, is in this category.Some cities have no raw land, so they must build up.

I know it's a large rental area but I don't know much about the niches in that cityThanks!

Without having knowledge in those areas, are you really the best person to represent the seller, or would he be better served by you referring him to a broker that is experience in that niche? 

Just find your niche and work it hard every day.  

This will more than likely present unique opportunities, but I do not yet have the real estate experience to confidently navigate and capitalize on such a situation (I have a few ideas though).With that being said, I've been researching the incredible world of real estate investing, and I am ready to take that first step, developing a strategy to enter the market.

I feel like I have a unique perspective of the industry being a contractor that caters to Investors.

I'm looking for more experience managing properties, but I have owned my own home since 2011 and now rent it out back in Wisconsin.I realize there are a ton of factors here, but it's a pretty unique opportunity.

Find a niche and run with it.