Originally that house would have been outside anything I would have looked at (this is going back 4 years or so) in price, but because I knew the MLS so well when the price got down from $120 to $95 I gambled that they would move on a cash, quick close deal.

If you do not have boots on the ground who you can trust, you would be gambling, not investing. 

It seems to attract the low-quality tenant, and I don’t wanna take that gamble.

They would not go to Las Vegas and buy $1000 worth of chips and bet it all on black.I naturally have a gambling nature so I never got stuck.

It is a gamble. 

Thank you.It does vary quite a bit from street to street, but no matter how you slice it, it's a gamble in that area.

I’m gambling that something like the ‘07 housing market won’t happen nearly as bad as last time within my lifetime.

Don't rush to invest, if you save the money now, when the market softens, he who has the cash is king.You have to start putting money in a savings account and if you refinance, put the extra in the account and watch it grow - you gotta get to where watching your acct grow excites you as much as the investment gamble.

Black Hills has great hunting and gambling. 

Our condo is a 2B/2BA in Tysons Corner with a ton of new development and looks promising from an appreciation standpoint but that's a gamble considering all expenses aside from mortgage, HOA, and utilities will be on us.Thanks!