Differnt strokes for different folks.The 2 links below show some comparisons for Phoenix vs Cleveland in the midwest this is very typical, not the huge gains in apprecation but also not the huge losses either.

Different folks, different strokes, I guess...Good luck!

There were of course multiple bids including cash bids.Lessons Learned: - Cash is King (our equity line should be done in about 3-4 weeks and this will not be a problem next time) - The escalation clause is a stroke of brilliance and I look forward to using that again in the future. - There are many properties out there, and not getting excited and going over your number is important! 

That said, we’re currently looking for deals with an ARV of between $200-$250k without stroke-inducing renovations (no structural damage/foundation issues/former meth houses).