I don't see it so much, I know the stats have gone up, I can still walk any street in this town at midnight without fearing anything, not that bad really.And I know of the motel as well, downtown is on it's 3rd swing back I know of, hopefully it will be done better this time and the population is changing to support that. 

If you do not already know how you should first learn how to examine deeds, tax records, zoning for the property, assessors records anything and everything that will tell you if what is there is a legal unit and zoned for its current use.

I've been researching Orlando due to its population growth, job growth. ( At least according to stats from Forbes' article)I heard from someone that houses in Orlando get a lot of damage due to its weather and geographic location, and that one shouldn't hold a property for more than 10 years, which is why there's a lot of new builds there.Living in NY, houses here last forever.

Before we get into the developement part, lets back up a second and examine the deal.

So, given the above stats, if you are bidding against say 4 others on every property then you'd need to research approx 50 properties just to win one.  

You shouldn't make an offer on this type of property until you have examined their rent roll, P&L and other financials for the past 3-5 years, minimum.

Houston September Housing Stats are out:  http://www.har.com/content/newsroomHighlights are: Single-family home sales rose 3.5 percent compared to September 2014;Total property sales were up 2.2 percent (8,024 units);Total dollar volume increased 3.8 percent to $2.1 billion;At $270,901, the single-family home average price reached a record high for a September;At $208,000, the single-family home median price also achieved a record September high;Single-family homes months of inventory climbed to a 3.5-months supply versus 2.9 months a year earlier.

In just a few years, Lone Star’s mortgage servicing firm, Caliber Home Loans, has grown from a bit player to a major force in the market for distressed mortgages.An examination by The New York Times of housing data and court filings, as well as interviews with borrowers, lawyers and housing advocates, revealed a pattern of complaints that Lone Star was quick to begin foreclosure proceedings, whether the firm had bought a delinquent mortgage at a federal auction or directly from a bank.Take Charles and Pamela Hubbard of Sacramento.

There are also proprietary data services which provide stats on individual builders and their projects.

Everyone should be constantly examining their motives, strategies, successes and failures in order to be honest with themselves about the business.