So almost anytime you purchased and sold the home prices will have risen and most of the time substantially.I do not find expecting San Francisco housing appreciation to be any more speculation than relying on continuing cash flow.

I have a condo that has risen in value and I would like to borrow against the equity to reinvest in other properties:Current condo value: $315-325,000 Current mortgage balance: $131,000Equity line I would like to reinvest: $125,000$100,000 split among 5 properties with 20% down on each$25,000 cash left in a reserve account for repairs/unknownsMy question is, if I put down $20k and borrow $80k to purchase the first rental home wouldn't that knock a dent in my ability to borrow again to purchase a second home with $20k down, borrowing another $80k?

The city also couldn't keep pace with mass retirements so with diminished numbers and morale crime has steadily risen.

You can easily spend hours digging through old data to get the price right, but that's what they hired you for lol.Keep in mind rates have risen substantially which will impact the profitability of the property for anyone getting funding. 

I think this property has huge potential for appreciation as there is a lot of new construction in the area and home values have been increasing steadily.  

Its safe to say that the number of folks wholesaling in FL has risen sharply in the past 4 years.At this point we are no longer shocked when someone tries to sell us our house back. 

Albuquerque tends to be a stable market with very little volatility and steadily gains value at about 3.5% per year, on average.

While I understand your concern about overpricing on the MLS because of the very aggressive Seller's Market we're in, it's important not to get discouraged just by reading all of the negative coverage about how much home prices have risen, how much they're selling over-ask, etc..

The ironbound section in Newark has been a hot bed for a lot of investors and prices have risen significantly over the years, but you can still find value if you look hard enough.

Average home costs and rents have risen dramatically in the past 18 months in the area.