If you're planning on buying, betting on whether there will be appreciation or not in the future, that's speculation, not investing.That's how I feel about it!

However, that would just be further speculation.

You could pay no more than about $15K for this house if you want it to be profitable.Buying for $60K and hoping to sell for $100K in five years is very speculative.

I participate in everyone of those investment vehicles, but they are passive (I have no control of the outcome, management, financials, other) and my only control is the capital I put in and the return I pull out (if any), based on the speculation of my research.Even my large mulifamily investments are passive, I do not have any say outside of my agreements and even within my agreements (when I get my money back and how much) my say is limited and subject to risk.What I do control, are the investments that I own 100% or a high percentage (majority owner) under my leadership strategy. 

I am thinking I could rent it somewhere in the $900.00 area, perhapsa bit more if the rooms are nice in the basement for an office/craft room etc.( I know this is a lot of speculation right now!)  

But Ben that's speculation... no one should speculate and think their properties would ever go up.right? 

this way, if you have to pick up $500 of the expenses but in one year - you can purchase another 3 unit property and rent the one you were living in for $1100 - then BAM - you know with pretty good certainty that the first property will be cashflowing for a roughly $600 profit (or in the black).then you live in a unit in the second property and hopefully can come close to breaking even...however - this can be a real pain in the buttocks...the bottom line is you want to avoid properties that don't cash flow, unless you're an experienced investor and bank on quick appreciation values (speculative investing).

Because you would be buying on speculation that rates will continue to rise, you would need to take a serious look at market trends in your area.In a market with an average appreciation of 20%, you could create a huge cash on cash return by holding onto the property for a few years then selling if the market looks to be slowing.

Can anyone give me some speculative numbers.

However, I speculate that perhaps some of that is people doing 1031s.