You guys are so doom and gloom, come on man, the fed (that caused all this btw) is going to save EVERYONE, Banks, credit unions, trust and mortgage companies, investment banks, underwriters, brokerage firms, hard money lenders, stock speculators, the airline, auto, restaurant,hotel, bar, retail, casino, and travel industries,money market funds, the repo market, the global fx market, the stock market (direct purchases soon), the bond market, the derivatives market (oop's sorry ronin capital), consumer spending (helicopter money only 3 weeks away), your local bowling league and oh yea, air bnb.Don't worry the largest financial event of our lifetimes, BY FAR, will be over in a jiff and you will be rested and ready to get back to work!

It's similar to saying that all CA investors are speculators.  

There are pockets of disruption (seems to be large cities right now) which are making REI more speculative or risky imo but other than that this post is a great confirmation of a strong REI market for at least rentals in the US right now. 

What I hear people saying is that it is not prudent for inexperienced, under-capitalized newbie investors to shrug off what opportunities are available locally and concluding, using often faulty logic, that their market is "too expensive" and throwing their hard earned dollars into highly speculative ventures - whose risks they are too inexperienced to properly assess - promoted by promises of the "clear, blue sky."       

I think I will focus more on cash flow and later focus on the speculation approach as you mentioned.

@Kate Cavanaugh You should probably consider running the numbers with something likehttps://www.biggerpockets.com/buy-and-hold-calculator especially as others have pointed out this will likely be a losing investment baring a large speculation win.

The answers I received were speculation, that decended into name calling.

I don't know, or care, and I wasn't speculating. 

I for one don't make comments when Im just speculating, and I find it unprofessional and insulting for someone to give an opinions based on absolutely no knowledge or research.  

I am speculating that a family with small kids may not want to rent it.