I think both will go up in value over time and you will see a return if you plan on this being a home you live in for 10+ years.

Seller will lose time on market, time value of money, etc.  

Yup $300-$400 a month with 90 day policies for builders risk on smaller value properties.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I'm very happy to add value and support your real estate endeavors.

If it's a good income producing property, you could get up to 75% cash out of the value.

If you had a no rise, then I don't think you even have to get FEMA to review it. 

You will be be responsible for the transfer taxes equal to the assessed value, plus deed preparation fees and if there is already a loan, that adds another layer of complexity.

Do you think it'll continue on an upward trend or do you think pricing and values are going to give a little and maybe plateau? 

Good cash on cash returns take some work, like raising rent over time, doing light value adds, etc..If you jump in and insist on high cash on cash returns from day one you may find yourself in a tough neighborhood.