Our only concern is with the stability of the market, what happens if the rents reset in the area and the property no longer cash flows due to affordability in the 2 year time frame of us buying and then getting ready to move out would we just try and hold through that and even pay at a loss for a bit or do you pivot and sale?

Let's dive into the numbers and uncover the secrets of Miami's bustling housing market together.Single Family Homes:Closed Sales: Picture this: a bustling marketplace where 644 closed sales mark the beginning of a new year, signaling a surge of 8.6% compared to the previous January.

In this area, where the values are so high per sqft at sale, there are always deals to put together.

For between $50-80,000 you can likely get into a decent duplex which would help you figure out if you enjoy investing or not.

If the foreclosure case was further out you could rent it for a little while and try to recover some money that way but not with an impending sale.  

A lot of office buildings sitting at 30%+ vacancy will be "for sale" soon enough, and self-storage strikes me as among the easiest and most plausible conversion of all that surplus space for sale on the cheap.

Figure out what you want to invest in (type of property, what class, college or non-college), what your minimum net income is per door then go from there.  

I’ll be able to make more phone calls again tomorrow to figure it out. 

Ever since a competitors sales Rep told me on the side that it was the best and their pigment count was through the roof...I have never been disappointed!

And the proceeds from the sale (plus the balance from anywhere else) are used for us, as the QI, to purchase the property.