If you don't charge when that date comes, you don't have the killer instinct to succeed, and therefore need to work on yourself before you can jump into this.I am a student, but am learning as rapidly as I can.

Hi @Mary Nickless, congratulations for starting out on the path to financial success via real estate investing and it’s a real benefit to be park of a rapidly appreciating area.

I would look at as, why miss out on 2 years of rapid equity growth by buying in CT?

The area near Hutchinson island looks like it's getting rapidly developed.

I've got excellent credit and some cash, but trying to invest the least amount of my money to allow my business to grow rapidly and have reserves when things don't go exactly as planned. 

To flip this helpful thread around to present day, are there specific metrics or ground rules you would recommend to newer investors coming into the market today to avoid losing their shirts in this rapidly-moving market? 

I am about 4 hours north in Grand Rapids, MI area but looking into other markets.

If you are in need of rapid cash infusion then selling the property would give you a quick influx of cash that you could use for personal needs or other investment opportunities (is there a current use you can put this cash towards?

Rapid growth is nothing new for this city.

Pro: Rapidly increase savings.