Many people lost their homes and many were uninsured/underinsured so they suffered greatly. 

A market can remain strong and an assets performance goes to hell simply from suffering the ravages of time and cap-x.     

There are great areas in Indy, but we too are suffering from a hot market and margins are tighter and tighter.

That being said, if a deal comes along that you think is just amazing, and won't cause your more "focused" business practice suffer, in terms of time or money, then you should go for it by all means.

If/when the market takes a turn, I'd place my bet on the smelly town suffering a worse fate that other small WNC towns.

I am super excited and can't wait for my first deal, I don't want to suffer analysis paralysis, and don't want to flub up right at the start.

The only time I see "selling to buy" as a viable strategy is if there is some degree of certainty that my sell property is going to suffer some type of economic set back, and my buy properties are going to return at least as much cash flow to me (including the recovery of sale costs and loss of cash flow from that asset) , appreciate at the same rate or above as the asset I sold and the by assets are NOT going to be exposed to the same degree of potential economic set back as the sell property. 

I have cried on the phone with some of my elderly flat fee customers (some of which became good friends and have already passed away); cried and suffered because they could barely sale the house, pay ONLY 2.5% commission and break even - you obviously wouldn't take that customer ... but I do and give them peace of mind in difficult times.

He was incredibly slow in doing the analysis and we lost deals (again, see Lesson of the Week).LESSON OF THE WEEK: Your Business Cannot Be Reliant on One PersonOur Ft Myers business suffered because we have only one sales person.

It's basically a higher floor, and and even higher ceiling but the above average are suffering.