Better to cash out refi the appreciation and reinvest in CA or speculate in low appreciation markets. 

I'm speculating, but I don't think I'd use it for more than say 7 properties.

Theoretical speculation versus real world application is a stark contrast with D properties.

@William thank you for the explanation.I just see this term used a lot more frequency and can't help being curious.I speculated what could have prompted that too and the only scenerios I could come up with is a trailer home being hauled out, or something like erosion, where a landslide eliminated a significant portion of the land, or a hurricane hitting the beach and took out some parts of beach front land...something crazy like that.In the case you mentioned, someone actually moved a house?

You seem to have an apparently biased opinion but have failed to list one true and real reason as to why this would not be beneficial for an owner... you list many grievances and speculations... but nothing of substance and validity.

I'm aware of Brockton's issues and I know it's very speculative.

My logic is that if a developer or speculator comes in and buy's the whole thing,  they need to build in a reasonable profit margin and account for their risk and cost of having to sell it off.   

Nigeria have always being portrayed in a bad light, so i want to find out the good, the bad, and whatever ugly, experiences you might have had, concerning the country, informations gotten from any other source, other than a first hand personal experience, will be ruled out as a mere speculation, if you've any good story about a Nigerian, still share it.

http://finance.yahoo.com/news/General-Growth-files-for-rb-14945510.htmlNEW YORK (Reuters) - General Growth Properties Inc, the second-largest U.S. mall owner, declared bankruptcy on Thursday in the biggest real estate failure in U.S. history.Ending months of speculation, General Growth, along with 158 of its 200-plus U.S. malls, filed Chapter 11 while it tries to refinance its debts.But the ongoing global financial crisis made it impossible for General Growth to restructure outside of bankruptcy and could signal further troubles for other financial institutions who are General Growth creditors.The collapse underscores the pressure on U.S. commercial real estate with few sources of available funding.Chicago-based General Growth, which owns such valuable properties as South Street Seaport in New York, Fashion Show in Las Vegas and Faneuil Hall Marketplace in Boston, listed total assets of $29.56 billion and total debts of $27.29 billion.The collapse marks a sad chapter for a company that has been growing since 1954, when brothers Martin and Matthew Bucksbaum decided to expand their family's grocery business and build a shopping center in Cedar Rapids, Iowa.The company expanded steadily through both building and buying malls, the largest acquisition being the 2004 purchase of high-end mall owner Rouse Cos for $14.2 billion.

I'd speculate they don't mind a sick, unhealthy, overweight, depressed, anxiety ridden populace.