So all we can do is speculate.

I totally get that I can't predict the future, but it seems like a limited amount of educated speculation may not be a bad thing. 

Quite the ride...).I don't recommend speculative investing. 

If you use your downpayment for a condo that generates zero rental income, any return on investment will be speculation on housing prices increasing, which is just that, speculation.

There will never be a time when people aren't speculating about a bubble, but those two things are pretty concrete and will have an undeniable cause/effect. 

Again thats probably investing in speculative assets.

Buying with hope is more speculation than investing, and it could bite you.

Hi @James Carlson I agreed no way to know but we can all speculate and make our best assumptions.

Everyone speculates if now (or any time) is the best to invest or should I wait, there are deals in every market cycle just be disciplined with your numbers.

I suspect what you're facing here is too low of a rent but that's gut speculation, not math.If the rent proves out to be right for your area and the cash flow is still as light as what you describe, in a market like this selling would bring on significant equity capital for a more carefully planned deal.