If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

So many new investors that live in high cost of living areas look to the midwest or other cheap areas to invest. 

If you go through the MLS what you see are a TON of homes with high prices that are not pending sale.  

I find that asking those questions (in bold), I get higher quality/deeper answers.

As far as outcomes... the goal would be to simply make quality connections with people and exchange some form of contact information with those quality connections.

My wife and I currently have 2 single family long term rentals and would like to add this to the porfolio due to their 3% mortgage and high equity.

The high down payment is necessary so that the DTI ratio is within the range to be qualified for a conventional loan. 

.)$500/month is a meaningless number without knowing what exactly is being offered and the quality of these services.

I have sellers of a t6-8 zoned property that would take 1 million right now I'm sure in Wynwood Norte. we can go 12 stories through max incentives and put 60 dwelling units on it. we entitle the land it becomes worth 3 million, then you have construction numbers, sale prices, etc. miami is crazy. the best way to make money from a professional in this industry for 13 years who lives in miami and looks at deals in columbus and miami is development and getting involved in early development opportunities of raw land in urban settings where there is very little risk and pushing high density.

I'm doing all our projects in Columbus Ohio but just relocated to miami. we do multifamily and mixed use development and entitlements I'll shoot you a PM. even people in miami that I meet the numbers are tough unless you do a high density proposal and are very well capitalized.