I now have bigger pockets (pun intended) to be able to not cashflow year one and wait for a better return. granted i have bin able to get clients into homes that cash flow year one and a deal is a deal in any market.

Hi @Marv Edelstein, Yes, @Ashish Acharya is right on the money (pun intended), as always!  

Get some other quotes a city lot should be a whole lot (pun!) 

Hi @Wesley Brown, @Katie Lepore and @Brandon Bruckman are right on the money (pun intended!). 

And out here on the west coast its very hot ( no pun intended) on new construction .. if you take the little suburb we have a community in that we just started ( 90 homes) its 20k people 20m minutes ( in good commute times) to down town Portlandia.. and 20 minutes to the state Capital and 40 minutes to all the major employers NIke Intel health field.. at anyone time there are less than 60 new homes on the market with 40 of those going pending within 10 days.

@Fan Bi it's all just speculation and I agree, you can't sit out of the market entirely, but I will say I was a lot less cautious in 2013 than I am today.Unfortunately, as human beings we are inherently imperfect prediction machines - whether it's real estate prices / cap rates, Federal reserve interest rate moves, the stock market, inflation/deflation, tax/economic legislation, etc.For any one of those factors in isolation, we might be able to make an educated guess and be mostly right, but combining them into one big soup and your guess is literally as good as mine or the next person's.And then to further complicate things, the right answer for you and your situation might not be the right answer for me and my situation, or someone else and their situation.It really does end up being as much of an art as a science, and makes me think most predictions I read online - including my own - are probably not worth the paper they're printed on (pun intended).

I think she's creating a "smoke screen" (pun intended).It's possible for smoke to creep into her rental, but it's unlikely to linger or be so strong that she can't stand it.

@Gold Akabuaku  With that additional information, seems like a solid Gold opportunity, pun intended.

I double, triple, and quadruppel (beer pun) agree with @Bob Langworthy above! 

[Background:]My partner and I decided to position ourselves to go shopping, ahead of the fall, no pun intended.