Hoping that interest rates remain low is  speculating not investing.   

Maybe AC is at the bottom and ready for a turnaround but to me that would be speculation and high risk.

Originally posted by @Wade Alderson: This is speculation on my part.  

That is purely fantasy land and speculative and it will go down again and those flippers could stand to lose a ton of money.

There are definitely markets that are speculative like Haughville, Bates-hendricks, fountain square, etc. 

I don't like to speculate, but I think there will be an adjustment if rates go up, or some sort of adjustment at some point in time.

It seems to have been an impulsive and quite speculative purchase - like friends pooling money together to buy a ton of lotto tickets... 

That's pure speculation because I don't have experience with that situation, but a nice hotel will bring nice people around and shouldn't lower any values.

@Meghan McCallum the economic down-turn really hurt flippers and speculators the most, because they had pressure to sell. 

Now you know what made Kiyosaki rich ... it was not REI, it was selling guru courses, although he would've also done really well on Hawaii RE, just not on cash flow like he preaches but on appreciation, which of course is speculative and evil ...