One major difference in general observation is I think Baltimore still has many blocks of vacant abandon properties (15000+) and that is something you will just never see or experience in LA.

Face it:  JD simply observes the match of housing market to the red/blue area analyses and strategy that blind-sided the Democratic party.- I'm just sayin'

Adding observations and conclusions: The west side of the island (roughly Guánica to Aguadilla, encompassing key towns such as Cabo Rojo and Rincón) is down maybe 25-35% in tourism-related activity (Airbnb, internal travelers), and at least 2 hotels are still closed or mostly closed.

Some areas are still way too far behind to even think of touching with a ten foot pole.I have been observing the area I have in mind for over a year now.  

Observing how other local sites are managed will show you the minimum level of service you can offer - I believe that it's a good strategy to build a site nicer than what currently exists in the market with better service, and charge a premium price for it.

And just based on anecdotal observation (I get regular email updates from two agents there) it seems the $80-$120k price point homes tend to still sit for a while and then go in and out of escrow way more than I would expect them to.

Casual observation of how politics work.When Democrats are in power, Republicans complain about any increase to the national debt.When Republicans are in power, Democrats complain about any increase to the national debt.Democrats accuse Republicans of “ramming” tax reform through without reading the bill.Republicans accuse Democrats of “ramming” through Obamacare without reading it.

One of the observations I make about other developers and other projects is whether taking on that particular project is coherent with the political risks.

@Greg Smith, interesting observation. 

That our monetary system is not backed by anything with actual value like it used to be when it was backed by gold and silver in the early 70s.I agree with your observation about fiat money.