This city is desirable, I buy in good neighborhoods, etc.

It seems most properties in good neighborhoods are in the 600k+ range?

There is no right or wrong way to build wealth. 

Good price in a developing neighborhood near downtown Houston.

Purchase price: $55,700 Cash invested: $62,000 Bought a 3.3 acre lot in a residential neighborhood 1.5 miles outside of downtown Prescott, WI.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

We recently purchased an apartment building on Oahu.  

But I want to cash flow more somehow in thousands  not sure on your capital funding for Miami but if you have the capital and backing I'd look at development for STR towers in the 50-100 unit range. you can get lots around 1.2 million that you can go 12 stories on with structured parking in Wynwood right now that you can build a 15 million dollar asset worth 30 million. you can do the condo exit or hold it as apartments and permit short term rentals. there are some great articles about short term rental occupancy. miami has 22 renters for every 1 available apartment and has the #1 net migrations in the state of florida for cities and florida is the #1 net migration state. it is land locked and developer friendly. it's under built.

Purchase price: $225,000 Cash invested: $245,000 Older neighborhood with a ton of potential.

I would love to connect with other investors in the Albuquerque, NM area that would enjoy meeting up from time to time to talk real estate and build off each other.