The possibility of an error that could cost tens of thousands is not worth gambling.  

I'm willing to accept some risk, but I'm not going to gamble.

That’s called gambling my friend.

It was a huge gamble because I had never invested in Miami before, let alone out of state at all.

ANd they say appreciation is gambling  LOL.. great job great gambles perfect timing all the star's aligned congrats !

It is a gamble and I know the past few years were stable, but we are going into an unknown lending period.

You'll need to run the numbers, but since no one knows what the rate will be in 12-36months, you will always have to speculate (read that as gamble) on an ARM.

If you are asking specifically what appreciation impact will the NGA have on a specific neighborhood, I do not think anyone can answer...It's a bit of a gamble but it seems reasonable to think the NGA will bring some appreciation to neighboring homes.

You can do a cash-out refi on your house and blow the money gambling.

In searching existing STRs, it is very clear this happens in practice, but I am not willing to buy a property and gamble that we can do an STR.