When we replied 'AirBnBN' they were thrilled.

I like the idea of buy and hold for future stability, but I also ie the thrill of the hunt in finding a deal and bringing it back to it's glory. 

Either way, I believe it is all a gamble if the redevelopment plan comes to fruition or not.  

As my GC says: "if it's stood straight and true for the last 100 years, it'll probably make it at least another 25".Don't get me wrong; there are plenty of issues/problems/quirks that old houses have that new houses don't, and an old house can obviously have hidden problems and big repair/maintenance bills too--which is why thorough due diligence is fundamental to REI...but, the point is: a new house is not a foolproof solution to repairs/maintenance headaches (and in some cases, a brand new house can be a much bigger gamble than an older house).Good luck out there!

As an investor I have a lot of my own money as do a lot of my friends, business colleagues, people who I'm very careful to refer because my reputation is important to me - all under OceanPointe management, and we are all thrilled.  

It may very well come up in the next few years, but it seems like a gamble at the moment.  

Investing in Real Estate is always a gamble and it's best to limit your risk by renting where you live instead of taking on too much risk too soon.

You could easily lose $50-$100k GAMBLING on a future price drop.

I am so thrilled to have found this amazing resource! 

(I assume its the one in Colorado)If you get a chance, visit Fairplay and some of the other old mining/gambling locations.