I'm reducing the footprint and repricing.... finally a smart person. our floorplan for each unit we build is 668 sq ft and 2 beds for that exact same reason. people that Aren't in cheap markets don't understand. in columbus we face appraisal issues if we don't keep it as small as possible. 

-Can anyone share their personal experiences investing in these areas ? 

Our personal house in a really nice neighborhood has actually appreciated less on a percentage basis than some of our cheaper rental properties in the same amount of time. 

I don't recommend you bid on any as a new person.

Personally, I've never bought this way, but I have sold using this method.

They also tell you that you'll get Kris's personal cell phone number.. ha. yeah right. the guy legit never responds and when you call, it goes to a pre-recorded message that sounds soooo fake - its clearly not his real number and he doesn't get back to you with any valuable information.

When going into business regardless if it is RE or anything else it is wise to protect your personal assets. 

I can give you some advice that I learned from personal experience, and from also taking a BP course on multifamily.1) Are there any particular sub-markets within Orlando that are well-suited for small multi-family investment opportunities?

Your personal example is exactly why I like it.As I was just my opinion, and not written by Ai

There is both great cash flow and appreciation markets within ChicagoNow with all that said Chicago FOR SURE has it's challenges, but I have found personally that if I lean on #1, my network, that a lot of those high risks go away or can at least be mitigated.