So, that example is not relevant/comparable.

I will say that some of the listing prices and projected rents seem high when comparing against my own research.

There are many variables that increase real estate returns and they are rarely addressed when comparing it to the stock market.

The second habit that has helped me track my finances is that I’ve created a personal spreadsheet that I fill out at least once a month that tracks certain financial metrics I’m interested in comparing.

The cost stated is so low compared to property value.  

Use tools like Zillow, Rentometer, and local real estate listings to compare prices and rents.

Be sure to run numbers with both a local lender and a national one to compare terms-sometimes smaller local firms can surprise you.HOAs: Brickell condos often have HOA fees, which can eat into your cash flow.

Quote from @Zachary Deal: A lot of investors utilize the BRRRR strategy in those markets as there is relatively high rents compared to the value of the properties!  

I have done this few times and then compared the sold price to my numbers.

Negative it’s rather complicated as compared to other real estate investments.