You’ll learn how Paul discovered the vital difference between investing and speculating, why falling in love (with a deal) is incredibly dangerous, and the huge real estate gamble that Paul made that cost him $40,000.

Its educated gambling..... and you may hit a grand slam...or you may get punched in the nuts...... its personal decision on your risk tolerance.Sometimes that huge leap of faith and "screw it, I'm going for it" can reap huge rewards....and sometimes it doesn't.For every "I bought it sight unseen and its doing great", I would easily bet there are dozens that have been totally screwed...some of them don't even know it yet.

Seems like this is a very spotty area but if I stay within Normal Station borders , it is generally OK.. 

Looking for a multi-family in Pawtucket, RI in Darlington area on the border with MA.

. :)ya we sure hate that gambling for appreciation.. but some folks have to live with it.. good job.

Get very familiar with the eviction process in your market and follow things to the letter and quickly.Make sure to vet tenants thoroughly and pick wisely (and even then it is a gamble). 

Might as well rent unless you want to gamble on appreciation.

As a result, the smart REI investors are looking for B-minus or C-on-the-borders-of-B areas.Fountain Square is the neighborhood where a lot of REI's [including ME] are trying to find properties - thanks in large part to HGTV's "Good Bones". 

You a gambling man?

It's not too much of a stretch to think this will increase the demand for housing just south of the border.