FSBO is very possible in hot markets.. if you already have buyers lined up.. in markets that are not hot your going to get deluged by investors looking to low ball..

Hi BiggerPocket community,This.is Michael, currently a partner of Coldwell Banker UAE.Just want to introduce myself to this community and proactively will be sharing more about investments in the real estate market here in Dubai.

The systemic trouble is in a few high growth markets in the US.  

Of those two, I actually like the first one better because you have a competitive advantage to that market and the amenities you could provide.

By far your best bet are cheaper markets.

I also have no interest in being in the car wash business, or the laundry business, or the AirBnB business, things like that which seem to appeal to a good number of people, but not me.I like to KISS, and just focus on market rate rentals, 12 to 18 month leases.

I'd love to hear people's thoughts on the current market and any success/fail stories in the Phoenix area.

Passive income is certainly the name of the game - building a real estate portfolio and creating generational wealth are key ingredients to long term holistic financial health and success.There are fantastic real estate investment opportunities in various markets, particularly in the Midwest and Southeast of the country. 

He is on the market to buy and has expressed interest in our rental.

I think market auctions are better for newer investors because you're able to see the inside of the property and the property will be delivered vacant.If you win you will have to provide a deposit that is held in escrow until the transaction closes.