Hi @Michael Bangsal, I do feel the bay area is too high right now, but the explosive growth in rent and the current low interest rate make it more interesting.  

She says, "Well it better not be the one on the news that had the meth explosion!"

Also the light rail will go all the way up to UNCC by 2017 so we are seeing an explosion of growth in that area too.

I would be a first time investor but I believe this is a city that will appreciate in value due to its proximity to the Florida keys / Miami and with the massive explosion of growth in Homestead, Fl, I think its only a matter of time before Florida City booms.

I stacked hay, drove tractor, balers, seeders, and other farm implements, broke horses, trained race horses, jockeyed, trimmed trees, shoveled snow, worked at several gas stations, painted houses, painted coal dredges, security guard, roto tilled yards, planted flowers and gardens for folks, raked leaves/yardwork, eventually worked oil field when it was booming, even crawled in tunnels installing coaxial cables and fiber optics, loaded explosives in seismic testing holes, eventually a lawyer, and landlord. 

The Owner made the right call and the roofers explosion was uncalled for.

Fire, smoke, explosion, vandalism, wind, hail, weight of snow, falling objects, sewer & drain back up, liability such as slip & fall, electrocution, broken water pipes, personal injury (aka discrimination), service line break, fungi & rot, etc etc etc.Good business practices and tenant selection is your first layer of defenseInsurance is the second layer of defenseLLC is the third layer of defense.If a situation is bad enough to need your third layer of defense - you’re basically looking to quitclaim the property and bankrupt the LLC and walk away.

But it was worth it, because of the value explosion. 

New projects can be delayed up to a year in some cases (retail) which is making supply tight in a market that is seeing explosive growth.

My guess is while CF is lower you're getting pretty explosive appreciation where you're at?