I heard on TV that more and more people preferred to live in communities with good amenities (of course with HOA).Locally, also I observed that communities with top amenities have done better in terms of home values.

Cody C.That's really interesting, what you shared about the author's theory.Here's what I've observed over the years:In a rising market, closed comps only show you what prices were negotiated between buyers and sellers in negotiations that occured between 30 and about 220 days ago.

Dave -There is nothing wrong with the question or even your observation that there is a lot of push back against turnkey investing.

The only ones who will tell you that you don't need a degree are those that don't have one, where is the experience in life from not having a degree to give that advice as a valid observation?

. :-) Duncan: I've been on the both ends of that one - nothing like trying to motivate a roomful of developers with piles of mature stock options ;) I have also found your observation to hold true with clients as well.

My observation is that MOST sellers want more than their house is worth.

There is a cycle to real estate markets and knowing where your market is in its cycle is critical to long term success.As I've said before I don't know your market so these are just my observations of how markets work.

Are there any professional home inspectors that might let me observe what goes on during this process?

The short concise cautionary advice is from experienced seasoned investors - Just a newbie observation when I see this subject arise on bp:) Sharing reality with new bp member/friend is my only intention.

It's my observation that most buyers are willing to breakeven with debt service or even go a bit in the hole since the appreciation (value and rents) is so good.I know investors from the Coasts come to Denver and laugh at the low values and low rents for all classes and types of properties.Fortunes are made during times like these.