The neighborhood was specifically chosen because I was certain it would appreciate, and it has not disappointed. 

I don't know how to do the @somebody replies but I thank everyone for the info.Chris K, I admit I'm a little disappointed that floor imperfections will telegraph through the flooring.

@J Scott I'm impressed, you did a complete build during the same time it took us to complete a full bathroom and kitchen renovation {actually moved the kitchen and bathroom within the unit} and two "back to the studs" rehabs ... we actually finished two weeks ago (though we were a disappointing 10-days late on the last rehab - post mortem is underway), but for a while there I thought you were going to finish first. :-)

That can take you a long ways in real estate investing.That said, however, I would caution any business plan that depends on making a lot of money without the willingness do the hard or dirty work is destined to die a short, disappointing life.

I personally have this viewpoint, and even though I am in Denver with my portfolio (a market I expect to underperform the nation over the next few years), I am holding and will continue to buy (1-2 in the next 2 years).But, investors chasing great returns in a 2-3 year timeframe may be disappointed in some of the recently hot markets, and those depending on big rent growth and appreciation in any form may be devastated. 

I was a huge fan and advocate of this 2nd airport getting approved and was really disappointed when the Gwinnett county residents fought against the second the airport and won.

I chose these based on the originator not having any previous defaults & the borrower with a high credit rating, so it is extremely disappointing not to have ongoing payments. 

I am so disappointed with al the PMs i have come across in Chattanooga its forcing me to want to leave the market.

@Kalim KallaNever disappointed by one, but expectations are usually exceedingly low for these interactions.

Obviously one of those metropolitan areas is South Florida, which is very disappointing because zip is such a great online search tool so if anyone has a resource for online listings in South Florida that's better than zillow and realtor.com and/or comparable to ziprealty.com, I'd appreciate hearing about it.Thanks!