People say appreciation is speculation, and value appreciation can be, but rent appreciation? 

Price and rent increases in such locations were driven by actual demand, not by pandemic effect or speculation.

Specifically in those satellite markets; now this is not true for every circumstance- but by an large you don't want to speculate a quick buck in a market that in the future will be obsolete.

Without cash flow you are not investing you are speculating.there is speculation and then there is knowledge of market trends and where path of progress is going.. 

I'm going to speak to a local real estate attorney and find out what the law actually is instead of just listening to speculations and opinions

Call the e-mailer and ask him what's going on vs asking for internet speculation on what someone else did.

I'd be cautious about speculating and waiting.

This among other factors lead to speculation and over purchasing, hence the bust.

A paid off house was a huge leg up, blowing it on speculative investments is not the way to go.

Enough speculation.