Miami's rent numbers make very little sense when compared to the purchase price of the properties.If you're interested in chasing appreciation, then Miami is probably the better play, just not necessarily at this moment.  

We get together, play Cashflow, eat, drink, and network.

They treat us as if we're all millionaires instead of a level playing field.)

So here are the cards in my hands before playing...- I just have been working my current employer for the past 3 going on 4 yrs with a 401k less than $5k- My credit score in two categories arrange between 610-650 with the third one being under 600. - I have 30k in school debt, which is the only thing on my credit report.- My DTI is 60.4 at is highest- After talking with a mortgage broker I am looking at the approval of about 100k-120kNow my goal is to purchase a multifamily property that would do at least two things: [1] Pay for itself with me living in one of the units [2] cover all expenses of home and personal.What would be possibly the stronger avenues to explore when getting financed regardless where I by my first multifamily property?

I've since spoken with him and he seems to be on board with playing bank for a couple more properties as he has at least two fully paid off.

IF the world played out exactly as you could have it, what would your life look like in 5-10 years?

I live 40 miles away, so I called the owner of the biggest plumbing co in the city and he and 2 techs drpped everything to get to the property within 10 minutes of my call.I had put a garage outdoor access remote on the outside of the house.. they couldn't get in thru that because THE POWER WAS NOW OFF.Luckily i had put a coded door knob on the kitchen door that opens to the deck-- i gave them the code and they were inside instantly.The water heater was STILL SPEWING WATER full blast in a stream so strong it was hitting the second story ceiling and hitting the ELECTRICAL PANEL also located in the garage and that's what had knocked out the power .The plumbers immediately turned off the inside water main cutoffand sent me photos of the EMERGENCY SITUATION the pm so calmly let me know about by email an hour earlier.i fired the pm co that instant and got on the phone to start farm (my rental policy ins co) whiledriving an hour to the property.i also called the city's best WATER EMERGENCY REMEDIATION COMpany while en route.When i got there, the water was turned off ( finally)the drywall ceiling had fallen in, the light fixtures destroyed, the garage door open case was HALF FULL OF WATER and there were 1000s of mold blooms on every surface and hundreds of stacks of spiky growing black mold (looked like iron fiilings we used to play with in that game we all had as kids where u use a magnet and drag the iron filings around to put hair and a mustache on the bald guy cartoon photo) the mold spikes were 1.5" tall on the woot railings and stairs going into the house, on all of my beautiful built in wooden garage shelves--- what a mess-- like the streets of Beirut after the bombs went offand I don't have allergies -- but i could not even STAND inside the garage because the WET MOLD MILDEW SMELL was so strong it instantly gagged me and gave me a headache and i couldn't breathe.So here Ewe are on Jan 17 and now i know that the BEST rental dwelling policy dies NOT COVER MOLD REMEDIATION AT ALL ( so far $14,000) but it does cover water damage with a $2500 deductible...

These can be pretty low if you play it right though.Time.

Seems like they made a mistake and don't like playing by the rules.  

If you want to put yourself in a better financial situation for the time being (which sounds important to you, judging by the wording of your post), then pay off the debt now and save up for a purchase further down the road.And just to put it out there, the reason why buying another rental would accelerate passive income goals isn't just because of the cash flow but also the tax savings and equity+any appreciation that will play a factor in case you want to do a trading-up strategy later down the line where you sell your properties to buy an apartment.