They were living in an 80 year old house where they had to crank the heat up to 90 and still had to run space heaters.

I’m 22 and live in Miami beach, FL with my parents and girlfriend.

Who pays the water, heat, electric, sewerage, trash, etc -> utilities ?

Anyone visiting the international real estate congress in Miami early November?

I really should have put a heated floor in there but talked myself out of it which was a mistake.

I agree with @Jerry W. it seems to be a serious money maker.Monthly Mortgage payment $200.15 (47k @ 5.5 over 30)Taxes $116.67Sewer and Water $100.00 (I only pay a bit more than this on my 4 family)Trash $-Heat/Utilities $-HOA $-General $150.00 (repairs, lawn, snow, etc AFTER your initial 6k in repairs)Insurance $100.00Mgmt Fee $140.00 (10%, you should be able to get this number down a % point or two)Vacancy $84.00Total Expenses $890.81

Heat?

The radiant heating is also very nice.

I was considering something in Miami or Clark county.

Some areas have heated up with investors causing deal structure and returns to be compressed but probably still better in pricing and cash flow then what you can find in Cali.I have a lot of clients from Cali.