What is a Reasonable Cash Flow Per Unit in South Florida?

[E. C. "Stony" Stonebraker]

I'm a new investor in the Miami area and am trying to get a feel for the market here in different neighborhoods.  What are some reasonable rents/expense ratios/cap rates, net cash flows per unit, etc. in different South Florida neighborhoods?  Everyone tells me the market is a sellers market these days so good deals are difficult.  Any positive cash flow opportunities here?

[Javi Chipi]

I posted about the same topic recently after I noticed the relativity between rent and price was way off in many cases.  Think we need to look at auctions or multifamily properties.

I actually work in the gables if you would ever like to get lunch and compare ideas on south florida real estate.

thanks.