I'm curious how experienced investors are viewing this? 

So, I don't think anything will be appreciating in the next 5 years (my personal view of the economy). 

My view is the rehab budget needs to be about 50% higher.  

I don't know Theresa Harris but anyone that thinks everyone should self-manage has a short-sighted view of the world.

In Bigger Pockets Podcast #82, I discussed that capital gains in general are NOT indexed to inflation, but in my view should be. 

Also be mindful of the fact property management is generally viewed as a loss leader in the industry and many make the mistake of self managing through employees  which costs more than hiring a 3rd party firm that has scale to offer mroe back office support, technology, in-house maintenance staff etc.

We get your views.

Miami's flood mitigation plan will ruin the views of the bay, cost over $5 billion, and will only work for a short while.

So lots of experience both good and bad.from my point of view seller carry back IE seller owns the property free and clear and wish's to owner finance.. this can be pretty safe in some states high risk in others.. whats the difference the difference is foreclosure time lines.

If you view their search results enough you will see that low price trumps almost everything else; there's no other logical reason why a host with a 4.1 rating with say 40 reviews would come up higher in a search than one with a 5.0 with 25 reviews, all else but price being equal.