While oil prices are in the sub-basement, I bet you can buy some wicked good deals on housing that'll look really good in a year when prices go back above $70/barrel.

I invested some money into a friends oil drilling shindig, but have not done much else.Due to Nashville's booming real estate market, I have been surrounded by motivational queues to get my butt into this business.

A car whose oil gets changed ever 15k miles won't work as well as a car whose oil gets changed every 5k miles, same goes with real estate.

It has a steam boiler fueled by oil.

Those 100 yr old homes in that area have plenty of unique features, as many of them were built to house families who worked for standard oil(Rockefeller Company), or a few other historic companies.

With the profit I make from my rented out home, i plan on slamming it on the new home, and 6k-8k more a month towards the principle from my career's income (oil field related) and pay the next house off within 5 years.

With the drop in oil prices I am no longer in buyers mode, but am in fixing up major projects, like roofs, and paying off some short term debt used to help buy last year. 

Of course, there are exceptions, for example if you have LP gas or fuel oil from an on-site storage tank.

As a brit I did consider Orlando, but decided against it as there is so much competition from other indiv, companies not too mention the hotels, when I decided to go to Siesta Key one year for 3 weeks in Dec(not over xmas and the oil spill had happened) it was near on impossible to get a place, so this is what swung it for me.....high demand low supply, 2nd year I owned, SK was name number 1 beach in the USA, ever since near on 100% occupancy, downside is I can't use it myself, but I've got a great neighbour who lives in Nantucket who lets me stay at there's for free if I wann come over as they have their boat in my yard....trade off!!

Then compare what Gerald and others paid for the sameThen compare this with industry standards That for me are really not known and snake oil like