Governor Desantis' Executive Order banning evictions for non payment of rent was extended through at least July 1st (and the CARES Act extends if even further if you have Fannie/Freddie financing in place or accept any type of Federal assistance such as Section 8).Even an eviction attorney's hand would be tied right now, and the courts are a gamble. 

No appealing characteristics at all, but it went fast. 

Buying for appreciation is not "investing", it's speculation (read: gambling).

While that is technically true we have invested money in something, I doubt that would meet most investors definition of an investment.To me an investment generates positive cash flow...that's it (I recognize that others would consider this too narrow a definition, but for me, that is what I care about.)These properties won't cash flow, they are purely an appreciation play and that is closer to gambling than investing...to me.

It's a gamble.

REI is just like Poker. ..not because I think of it as gambling.  

We comp with our own product because we know our previous sales' characteristics (condition, rents, etc...)I still stand by a previous message of mine on this thread: It is the buyers responsibility to determine acceptable criteria for purchase, and terms of agreement that allow them to perform their due diligence. 

Location of the property, competing properties nearby, tenant pool, RE property characteristics, zoning, and I always look for value add opportunities.Again, glad to see you getting involved.

I prefer referring to zip codes because each seems to be its own unique area with unique characteristics.  

It sounds great, but starting at over $5,000, it's a big gamble without having insight from people who have used it.