I'm cautiously leaning towards the latter, and believe that the market will correct itself and probably land somewhere in the middle. 

Would y'all be interested in a Meet Up for new investors in the Middle Tennessee Area? 

My husband and I are starting a real estate investment company in middle Georgia.

not only that credit dries up like western lakes in the middle of a 7 year drought.. that's the major flaw the wait till the crash happens crowd has.. 

Folks in my circle who are worth a solid 7 to 8 figures, make over $500k/year + stock options, and they think they're middle class.

@Constancia Russell, I know them and am in the middle of the sale side of a transaction with them. 

Also with the locking kind, what if i need to replace a piece in the middle because it was scratched up by furniture?

Then it cost me $80,000 in contractors to rebuild the entire place because I lost all my contractors waiting for the title to arrive and I had to make do with a string of contractors in the middle of summer who didn't have my best interests at heart. 

Scanlan, sums it up: "A lack of middle-market housing in the city of Austin is driving demand to the suburbs. 

Cash flow: $1250Assuming we agree to a price in the middle these numbers could vary. $28k down$7k closing$ 5k in rehabLeaves me at a ROI of 37%Even though the numbers all make sense in a perfect world still nervous about this as it is my first property.