It's a desirable area of the state, and commands a premium $$$ Rent.My hesitation is that 99% of the opinions, podcasts, and segments are against condos for buy and hold.

The appreciation issue may be a bit of a red hearing in that while not all markets / market segments will appreciate at the same rate, a rising tide lifts all boats.IF the capital gains can be sheltered, I would try to trade up (in my mind) to better diversity and higher NOI.

If you are going to compete with the big buildings for the young professionals, I personally think you need to shoot for the segment that can't afford those buildings and are just below.

Numbers don't mean anything by themselves.You have to know what the DOM numbers look like for the market and even segmented by price ranges and condition.

You can mail 5 cards to the same person that are getting mail from 15 other people as well.Consider working with a list broker who can suggest multiple segments that you can combine for your campaigns.

It will also break down the K-W market into segments and provide information by area.I hope this helps!

The market is competitive for buyers in segments of Southern Maine and the asking price has been more of a suggestion than a hard value to defend on my seller's behalf.  

Some interesting excerpts from the Pinellas County Real Estate Statistics for March 2016, which continue to indicate a strong seller's market:Homes got to contract quicker, closed faster, and sold for more money year-over-year for March.Year-over-year, the Single Family segment was up big at 18.7%For Single Family, Median Time to Contract was a blistering 31 days in March 2016, compared to 44 days in March 2015 (down 29.5%). 

Its all about how you buy these things and know which areas and segments to target and stay away from.I'm surprised our market has not reacted faster, though our mid high market of 4-900k has been horrible for over a year.

He is building them in segments.