Buying in a hot market with the hope that it appreciates is essentially a gamble. 

Good luck with your RE adventure.

. :) however my gut feeling - without complete understanding of their risks, structure, leverage, performance in a bad market it is quite a gamble for NPN...

@Bonnie Rhodes I started investing in lemonade stands when I was 9.Then I flipped marijuana in Middle School and ran illegal gambling in the high school bathrooms.

If I’m traveling to a city, then I also tend to book at Airbnb because I’m usually down for more adventure not so much lounging around to be pampered.

However, if you want to stay in SFR's I would suggest working with someone who can locate deep discounted properties and give you some equity going in so you are not gambling on appreciation kicking in.  

To Great Adventures!

Flexible schedule and carpentry skills (and being handy) are a big plus for a successful hands on landlord (or other adventure)...as performer, you know a lot of the success is in the operational details whic you can read about on this site or In books on landloridng (and I put four "classics" of the genre in a blog post)....

Literally two blocks can be a night & day difference.Good luck with expanding your portfolio and let me know if I can help with funding your next adventure.

If this property is really owned by somebody addicted to gambling then there is likely deferred maintenance.