The market where we are has been very hot lately.  

How hot is the rental market in that area?

So when you had these hot beds of real estate speculation and borrowers could walk with the only thing they lose is FICO score and in many cases they put nothing down.. well they just walked.. and it became like chasing a falling knife it just got bad and kept getting worse.on the investor side.. you had thousands of investors in short term notes that could not get refinanced.. and probably in your line of work syndicators and other institutional investors who were stuck and could not refi and the lenders chose to foreclose.. especially if lets say Rialto bought your little bank that went under.. they were brutal on chasing he security .

I reckon 3-5 years is too short a time frame to GUARANTEE continued appreciation that gets you cash flow AND a profit on sale, after taking all expenses into account - if you're paying market value, in an already hot market.

The market was climbing and hot at the time, and I had to make a decision to keep or sell. 

When it gets as hot as it has been these past few days I'm not surprised that your a/c is considered inadequate.

It seems like our market is hot and is booming with builds/renovations that good contractors seem to be tied up.We welcome any insight you may share regarding your experiences with 203k full loans.  

Glad to hear that Las Vegas housing market is very hot right now, let's keep the dice rolling, rolling, and rolling!

The market here is pretty hot right now.I started looking at doing another flip after I sell this one, and there are no lots for sale or many fixers either,so what I have been thinking about is building a second unit in the backyard of this house.  

that area is extremely hot right now especially the "better" streets.