For years, I thought I wanted to be a perennial renter, but especially with rent prices skyrocketing around me, I decided I'd look into buying my first condo.

Hi @Kusmayadi DjunaidiI have worked with a couple of Turnkey providers and ended up doing my deals so far with just one provider.My goal in using them was to get my feet wet, learn through active investing and make some connections.My experience has sky rocketed my learning curve on a personal level and real estate investor level.

This led to no where near enough houses for workers and rents skyrocketing. townhouses renting for 2500-3000 (120k purchase).

http://www.nbcnews.com/business/real-estate/house-...Any thoughts from the seasoned vets in the trenches?  ... sure it's an NBC article... but still puts out some interesting thoughts.  

Then, in the event of a downturn in the market and when foreclosures skyrocket, the bank is less likely to foreclose on your property.

(First Floor: 2bd/1bath & Second Floor: 3bd/1bath)Listing Price: $299,900 - very good/competitive priceClosing costs: $7200 Commission as "buyer's agent": $5800Taxes: $4,582 with no exemptions for the moment Repair Cost: $15KRental Income for 3bd/1bath: $1300-1500 (Chicago's rental market is skyrocketing)Insurance: $3000/yrMortgage: $2000 including insurance/taxesThe basement can be finished and the rentable 3bd/1bath could duplex up into the massive unfinished attic.

Here in Minneapolis the last couple years the demand has been huge with 2-3% vacancy causing rising rents, which seem to have caused values to skyrocket.

According to FAR, the state added 28,507 new real estate licensees in 2015, a 142% increase from the low point in 2010 but below the 42,126-licensee high point of 2005 when we didn't have a real estate market, we had ...

., this is not going to make the value skyrocket right away.

Real estate prices have skyrocketed there and, just like Hong Kong real estate from the 1980s, some people are cashing out.