I don't have enough money to speculate (gamble) with real estate.

After 1 meeting with her, its too soon to speculate.

Don't fall for this "hot area" mumbo jumbo that only speculative real estate investors fall for.

If you are talking about credit tenants with triple net leases then also they look at the credit rating of the tenant and how healthy they are.CTL's which stand for credit tenant loans are still lending at 85% to 90% LTV because lenders view these loans as very low risk with a low default rate.So for that these lenders will still do a loan with much less down.That is one of the advantages of having a great credit rated tenant for a property you are purchasing.Many of these existing loans are assumable as well to qualified buyers.New York and California are more SPECULATION on appreciation states and not based on cash flow for marquee properties.You can find much better caps for credit rated tenants in other states.In the urban core key places like Cali,New York,Boston,Washington the institutional buyers will outbid you for a lower cap rate.

When a bubble starts to deflate, the first thing that happens is that speculators leave the market.

And break even is OK, because I'm speculating on long term gains.

But if you want to play in the more speculative / high stakes areas that are gentrifying the most recently - you would go for point breeze, east liberty, downtown and lawrenceville.

I think it's definitely important to stay speculative of most everything and everyone, so I'm always moving with caution, especially throughout our first deal.

1) The waiting list for Stonegate is usually at about a 2.5:1 ratio of buyers to available units.2) This would be an appreciation/speculation play, not an investment. 3) There is zero chance this will be a positive, neutral, or slightly negative cash flow rental.

The parcels are in a speculative investment area, and the price we anticipate them wanting will not be bankable.