So many speculated speed bumps can be foreseen.

Another key is that you are simply bringing the property up to current fair market value for a turnkey property, so this type of "forced appreciation" is something that YOU create through sweat, knowledge, skills, and extra investment in renovation, rather than something the MARKET creates for you with rising property values ... for this reason "forced appreciation" is often considered less speculative and certainly happens much faster than "market appreciation", though it is a lot of work.

In CA, my state, the threshold is $150,000 date of death value of all assets, regardless of equity.I would not want to begin to speculate what Lousiana's Napoleonic laws are.

I would speculate its because they realize investors are actually very risky.

If you're a speculator, I'm guessing you have to worry about that.

Buying outlying land is total speculation.

And explain to me why it has, by some AMAZING coincidence, simultaneously come true all over the country in places like South Florida, Boston, DC, SF, Seattle, and even places where there is tons of buildable land like Phoenix and Las Vegas.The speculative bubble that swept over the nation is now ending.

In talking to the local people there this weekend it was speculated that the same person owned/owns all three of these properties.

The only advantage is that you don't have to prove to someone that the deal made 100k and give them 20%, it was basically speculating how much the % of the land owner and fixing it (don't forget to not pay full price).

Bro in law went to school in Bozeman and I have a step brother there as well who is getting into REI (actually speculation IMO-betting on appreciation).