My understanding of it is that home values and rent prices have skyrocketed over the past 2-3 years.  

I currently own some property in Fishtown and was looking to purchase additional units, however, it looks like I'm getting priced out (prices are skyrocketing!). 

(ROI sky rockets on time invested with a manager, but obviously drops with cash on cash)What do you value more, your time or money?

Last summer I worked at a real estate law firm and my interest has skyrocketed as I saw the power that real estate has.

I would love to invest locally but these prices have skyrocketed too high for my liking.

I live in Oakland, CA whose RE market has been skyrocketing in the past few years.

In the second year, your investment will be significantly smaller (cap ex, maintenance, management costs, utilities, etc) so your second year return will skyrocket. 

With foreclosures skyrocketing in my area and prices plummeting I took my college savings and paid cash for a SFR, did the minor repairs myself, and have had it rented with a management company ever since.

Beware of flood insurance in waterford, rates have skyrocketed since the flood a few years ago, thats why home values have tanked and foreclosures are way up there.

Homes south of Brooks Ave  have skyrocketed in price and you would be hard pressed to find something that made the kind of numbers Chuck is mentioning in that area.