ThanksAmit Hi Amit, In the areas that are experiencing rapid growth such as Franklinton in some parts, it really is a case by case basis.  

I know all the debates of throwing money away on rent vs owning but for someone like me who doesn't want to be locked into anything it makes more sense for me to rent.Personally I think in the future people will require more flexibility in their lives with things like gig economies, rapidly changing technology and the nature of work, etc, so this could even be a growing trend over time.  

Columbus, OH - Also a college town with rapidly improving economy. 

If all of these except DOM are increasing rapidly you are in a good growth market.

Just yesterday I heard about something called rapid rescore.

I was entertaining this possibility of rapid appreciation when I first made the purchase and put down just 5% ($12,000), got an adjustable rate mortgage, and pay mortgage insurance. 

It's not proper remediation, it's illegal to not do proper remediation and if you think selling a remediated house might be a stain on your reputation, try selling one where you claim to have remediated it but haven't (which is what this advice is).Meth is nasty, nasty stuff causing advanced and rapid neurological damage in children and pets and slower, but no less advanced neurological damage in adults.  

I finally closed on my first duplex in Grand Rapids, MI.  

If building tracks growth then we could see steady growth well beyond 5 years.Now for all the qualifiers.1) Interest rates - if we see a rapid increase in interest rates and we already know that the FED has stated an increase is coming, we could see a huge rush as rates begin to increase and then a big lull while people adjust to the new norm.

Low inventory, hot market, low interest rates, and a city experiencing rapid growth combine for a hot market.