Majority of the people there are newbies or speculators you speak of that once they find out the next "hot spot" they tend to ruin it for the real investors.

Very speculative, and if the market suddenly stops, they will be left holding a very large bag.

If you are willing to buy at current price levels and speculate on appreciation the MLS and auctions might be acceptable.

Anything else is speculation.

I'm not sure why anyone would revive this old thread since it contains guesses and suppositions that people were making over a year ago before every state trade association and national trade association got on the same bandwagon based on real facts and not loose suppositions that people were hoping were right.Rent to Own and Lease to Own (of manufactured homes) are viewed in every state as disguised credit transactions and those so engaged are required to hold a state lending license and follow state laws regarding lending.

But all these macro-economic factors are hard to predict and I would rather invest in a known thing like RE than speculate on global inflation and global gold consumption.

My mobile office that will allow me to do investing when I visit with a patient in their home because  I can also speculate on property in that area (50-mile radius).

Buying homes near a proposed Wegmans site may be a good speculative plan, but I call that -speculation-, not -investment-.

That's just pure speculation I tells ya!

The Problems:Flipping relies upon market condition, there is a great deal of speculation, market cycles based upon macroeconomic trends and timing can have huge effects upon the success or failure of the strategy.