Add to that being able to meet the vendors that can teach you about what they do, all in one place, it is invaluable especially for someone new to real estate.I will be there, go take it all in, and then drill down on what your investment philosophy is and move forward and take action.The key note speakers will each give you a very different perspective about using real estate as either a vehicle for investment or speculation (its important to know the difference), so listening to them alone is worth the $39 bucks.

Health is the most important thing in life and the only fear I have is for the health of my loved ones.Personally I have lost hundreds of thousands of $$$ investing based on speculation that a property will go up in value.

We see this quite often w/ investors that have determined it's time to get out & if possible they look to liquidate it all @ once.Probably a dozen other reasons to speculate why he's doing it.  

A lot of speculation on condos/townhomes/apartments.

I told them I would not wait. as they will never come back down. and they never did.even int he bubble burst.. prime bay area properties only dropped maybe 10% to 20%  so just don't sell then.. the only one's that get hurt in a bubble burst are those as stated that for some reason like to buy at the top and sell at the bottomRide it through and the property makes new highs thats what prime peninsula market has done since the late 70's.As for speculation type investing thats different but for owner occ.. not much of a concern at least in my mind.I wish I still had the 4 homes i owned in Palo Alto and Milpitas and Napa  LOL.

However this would be speculating and if you are wrong in your assumptions, you are left with a cheap property in a rural, perhaps declining, community.Most of the "deals" we have been purchasing in the past 2-3 years have a rental yield of 1-1.5% of acquisition costs and the curve has been moving closer to the 1% lately.  

Of course it's speculating - but if you buy for $100,000 and sell for a substantial amount more you'll make more than you ever could with the nickel and dime "cash flow" approach in option one.  

That being said I'd like to strike up a conversation on speculation of specific Milwaukee neighborhoods.

Yield opportunities are getting speculative, and other than energy markets, I don't see anything with a lot of growth potential. 

A rough estimate ARV would be $1.2m-$1.5m (neighboring comps around $1.5m-1.8m) after maybe $100k rehab (pure speculation from outside condition).