I always end up paying so I send it in the last few days so I can ride my money a little longer.

These are the areas that are appreciating like gangbusters and have next to no vacancies.You are correct though, our area is on a tremendous appreciation ride and will, I believe, for the next several years.Good luck!

The first step would be to find a property and in most areas the fastest way maybe to go for a ride in your car and look for vacant homes.

If your goal is to hedge inflation risk I much prefer to own debt and ride the debt monetization wave with the gov-mint.

For most investors it's the worst of both worlds, too far out to really make an accurate gauge, and to soon to ride out the unknowns and make adjustments, gain equity and leverage.

Real Estate has led me on a roller coaster ride full of adventurers which took me around the world.

Another interesting one relevant to Texas and our wild weather: If any property damage occurs due to a tenant leaving a window open during inclement weather (rain, hail, tornadoes, etc), the tenant must pay to repair the damages. 

Personally I would sell, wait on the sidelines for the correction, and buy it back up at the cheap price, and ride that back up

But also the commute to NYC is better: more options such as the Ferry, quicker bus rides, The Hudson-bergen Light Rail, etc.People will also pay a higher price to live in Weehauken than Union City because it is perceived as a better city.That zip code commands a premium.

if the roof doesn't leak, is well sealed laying well and you're replacing due to hail damage, a roof over may work just fine for a long time, and generally on higher pitched roofs, wouldn't do it on 3/12 or less.If you do a roof over, inspect the collar ties (cross tie between rafters at the upper 1/3 of the rafter just below the ridge) and ceiling joists properly tied into top plates, as there will be more weight to bear.