That is just speculation on my part. 

In your situation you are a speculator/reseller of new homes.

I definitely do not want strictly appreciation (speculation).I’ll look into considering older properties if the numbers make sense and if my initial criteria doesn’t produce a deal.

Cant say I disagree, but am also curious just how low beachfront property values could fall before they hit a speculative support level from investors banking on the law changing in the future.

I am seeing most multifamilies selling below 6.5 caps basically speculating on appreciation (which is never promised).

And sometimes the Supreme Court makes up laws based on convoluted arguments like Obama Care and then those laws are later changed, modified, and repealed.I wouldn't waste a moment's speculation until a "clarification" of the law "once enacted" is issued.

While there's potential there, it's speculative.

Most of the "investing" aka non-owner occupied purchasing going on in Bend right now is speculative.

You are looking at purely speculative buys, forget about positive cash flow ever.

They are not interested in "speculative" properties..