My crystal ball is just as hazy as everyone else's, but I think a lot of folks smarter than me are thinking we're near the top of the market.

So we'll leave those crystal balls to the bank.The longer amortization schedule will keep payments down and have less principal reduction maximizing your return on equity which is what Thomas S. is referring to.  

@Crystal Smith  Yes Ma'am, they are associated with B2R.

Meet @Crystal Smith.  

Hello Bigger Pockets people.I told you earlier in this thread to set goals.I stand by that advice if you’re not used to setting goals and living your life by those goals.Stop reading here if you’re that individual.IF you’re the type of person that has lived by goals for years (and there are many of us), I’m going to give you (what seems like) opposing advice.Do NOT set goals.Indeed, you need to know exactly what you want.Write that down.Make it crystal clear.But, when you write your steps for it, create a process-oriented system.If you want to purchase 10 rental units by the end of this year, that looks like a goal (though it’s not in the SMART format, but I won’t argue semantics at this point).That’s enough to start working on the “how”.How do you get there?

@Crystal AasirIf you have a background in building I think being a certified appraisers a great ideaIf you don't have a background in building I think you're better off learning how to negotiate with the sellers and getting somebody else to calculate renovations, like a General Contractor.  

We're already seeing a lot of flooding as it is, I know nobody has a crystal ball, but when would Miami start getting to the point of not being habitable anymore?

never buy in a bubble,living thru the housing bubble and crash of 1985-89 here,had me as ready as i could be for the bubble of 2008...i could feel it in my gut,i sat out summer of 2005 to summer of 2007 the worst times to buy,as prices fell hard here. i bought a few places for 200k in 2007 that fell to 170k in 2010-11 but they are back to 250k now. nobody has a crystal ball,but buy and hold has been good to me.

@Crystal Salton I am currently in NJ but will be moving back to FL in three months for a while.

@Crystal Smith thanks for the link but how am I able to obtain the previous owner information and folio number if the bank is the owner??