Provo is a great place and will not likely drop much even in a downturn (I have 2 buy and hold rentals there now) Trying to cash flow any new purchases in Provo is extremely difficult unless you buy condemned property and rehab it all your self (and don't mind still paying $150/sq ft for that) There are to many wanting to pay too much and gamble on appreciation.

So most people will end up dropping term contract.As to believe that invest the difference and that difference would be their self insurance is a gamble.

I am ready to commit myself on 100% and sacrifice every distracting temptation in order to be successful.I would really, really appreciate any kind of advice for Property Development in the UK, more specifically in Glasgow.Thank you in advance!

There are global uncertainties like the future of the EU, UK in possible serious recession, China's growth, weird Russia, unstable Middle East, etc., etc.  

As to your comment  Ryan about major markets always seeming to appreciate, I agree but I don't want to gamble on that. 

The ones that do great are buying deeply discounted properties and adding value or gambling on price appreciation in great RE markets that have benefited from the market rebound following the recession.  

I was a renter in Minneapolis for ~ 6 years, the biggest thing for me was location.I would gamble on the Blue Line Light Rail expanions, as it will allow better transport in and out of downtown to those further out.

I also think it would be pretty nerve-racking to take that money with that guaranteed return and gamble it on the uncertain.

(VIGGO DAVIS SERVICES) as a financial company help to lend loans worldwide, the company headquarters is in USA (PENNSYLVANIA), and also has a dominant branch in UK.

Don't want to gamble $500 to just inspect a property.