Critical that you identify the type of property you are looking at.....4BR/2BA v 2BR/1BA....quiet country v bustling city.For instance, one of my places is in a popular city and it gets booked up about 3-4 weeks in advance.

So I am finishing up my tour here in Egypt, and close on our 3rd house on June 27th.

Whether you are looking at properties in bustling urban areas or homes in the suburbs, accessibility is key.

I am currently stationed in Egypt so basically I am just researching.

At this point they're still paddling down that big river in Egypt but once the fit hits the shan they'll start taking my calls.For long term holders, e.g. not syndicators or private equity, if you buy with low leverage and a margin of safety in the cash flow you can pay market prices today and in 20 years the guy who sold it to you will be wishing he never sold.If you think prices are high in your market check out Vancouver BC where you'd be buying 60 year old, flat roof, single pane window, central boiler, never been remodeled buildings at 'suite' cap rates in the upper 2s.Just some food for thought but I don't think the Fed is as likely to raise rates (and drive up cap rates) any time as soon as most think.

Of course I'm still investing in real estate, but I've escaped Egypt, I've beat the system, I'm living on my own terms!!!

If I was forced to not "invest" this money and do something "fun", I'd probably travel to see the northern lights, maybe alaska to go fishing, egypt, etc.

So, you're pretty sure that the socialistic policies in Sweden, Norway, Canada, Cuba, Egypt, etc, is going to lead to mass exterminations there as well?

I see you are in Egypt?

During high school I fell in love with modern and contemporary buildings but when I joined the US Navy and saw most of the European coast, The Persian Gulf, and the Suez canal in Egypt, I fell in love with the architecture all over the world.