While I'm new to the forums, I have listened to all the BP podcasts and I like the culture BP and has to offer. 

Chinese buyers vs. hedge funds...

Newer homes are built to hurricane codes and cheaper insurance, (no Chinese dry-wall).

Seller disclosures, lead paint disclosures if the property was built before 1978, Chinese drywall disclosure, etc.

Good demand, growing major hospital within a block away, high valued properties.. local stats include high median income, several universities, recreation and cultural offerings, etc., in one of the most sought after areas of the world.

It's a culture issue (same in CH and other locations) where home ownership is less common, people tend to stay long term, sometimes for all their lives.

A Chinese broker quoted $850K.

@Dionne Brunson mentioned that our area is so large, with each having a different culture.

Suburbs were beautiful, culture was diverse, streets were safe... much like my upbringing in LA!

There are so many towns/cities that have their own unique culture that it might be good to spend a little but if time finding the general area you are most comfortable in then purchasing properties surrounding that area.Obviously you do not need to live next door to your investment properties, but if you live in Miami and your investment properties are in Ormond...it will make regular management of your property problematic.Just thoughts to consider, hopefully it helps.Andrea