It’s to speculative.  

All I'll care about is the fact that the properties cashflowed, the tenants paid them off, they were (relatively) easy to manage, and they appreciated at a decent clip.That's why I'm always looking for deals, and I'm always going after deals--regardless of speculations about the market.Now, having said that--I do agree that there's a good chance prices will come down in the relatively near future (and already are coming down in some areas)...but, I just won't let that deter me from buying a deal today. 

I am willing ot gamble that no left field event can possibly occur in the future that would change my situation enough that I might need to sell.Just on those 2 it's speculative and high risk investing, again IMHO.

You'll make all your money off speculation/appreciation.

Are you looking for stable cash flow or speculating on gentrification for equity gain?

I think for Americans it's a mistake to speculate based on currency exchange rates and how they may make properties overseas look cheap.

The difference to me is investing versus speculating.  

The advantage of this system is that it discourages speculative over development, reduces capital costs for the developer and free capital for more projects. 

Rent in this market is predicted to continue to increaseOther option would be to Flip and Sell, but I speculate the market could really increase if I rent for 2-3 years before selling (including option of seller finance)thanks for the help!!

Also, I'm glad you're not somebody who equates appreciation with speculation.