I am planning a trip to Cali next month.I was told from the standard mortgage operator on the phone, that I would better talk to their Private Mortgage Department or Advisor.

If you feel you have special circumstances that you would like to discuss with us, please call our office.Sincerely,(our signatures)Fischer Properties(address)(phone number)

I don't live or die by the 1% "rule" but use it as a quick screening to see if a property might make sense.

I know Miami-Dade like the back of my hand - feel free to message me and we can discuss more via PM, email, or phone. 

Less cost to enter the market, less demanding tenants (if you screen them correctly), and more opportunity for value add which is critical to generating solid cash flow. 

I am a sponsor and syndicator for commercial retail properties and then I have clients also that want full ownership and I am the commercial broker helping them find the property to buy.Without talking to you on the phone and knowing your goals and how much money you have to invest it would be difficult to expand further.

Don't be afraid to hit the phones, most of my leads come through warm referrals.

It will most likely take multiple contacts (letters, phone calls, etc.) before getting an agreement with someone. 

Also I recommend to get all the applications for the tenants or require all tenants to be screened (at sellers cost, 40 a adult is good). 

@Bleau Deckerd the 1% rule is not very important because it is a tool to pre-screen deals.