We've made great profits on purchasing properties in speculative areas, but if the person who will be responsible for collecting past due rent on your team is afraid to get out of the car in a certain neighborhood, you might want to avoid it.

I won't buy unless I have cash flow and a cap rate of 8%, just not a speculative investor, not to mention we worked too hard to get to this point and aren't willing to risk everything on an overpriced property. 

Without knowing the context/details of what type of direct mail you received, I could only speculate as to why you may have been targeted.

Can be tough to line up properly at times since short sale time frames are speculative.

I can't speculate either way based on the information provided, but it's going to almost entirely come down to what an appraiser does -- or does not -- call out.

Cyclical = speculative markets where price appreciation is great during boom times and depreciation can be devastating in bad times.

The SFH is very high risk now due to speculation on market adjustments and placing your investment in a single basket.

My wife loves to speculate, we should do this, do that...

On the other hand, I feel that some of their other funds (for example the ones involving ground up construction) are too speculative for a conservative non-accredited investor doesn't have a lot of extra cash to speculate with.

Isn't this all just speculation on what you would sell it for in the future.