So, if I had to guess, there is a slim window from now till early summer when the market might be manageable, but it seems like we could be heading back to a strong sellers' market.

I am a homeowner who purchased my first home two years ago trusting a real estate agent (assigned by the mortgage company) who did not seem to have my family's best interest in mind.

It does not seem like a very worthwhile effort for that small of savings.

Seems risky to me. 

(Im able to get into this thing for only 10K the cash on cash return is absurd from 37-56% (depending on closing paid and points i pay, its an 8% Cap, 350 cashflow (after variable expenses) Brand new.. seems like a decent first step but the functionality.. a Perfect nice 3/2/2 1400 sq pft per side is 575k , this one could be 365k if they accept my offer i sent last night)

I'd still be gaining $16,000 in equity a year which brings that return level down to ~9% on the equity...but conversely paying $6k/year to gain $16,000 in equity does seem like a pretty solid deal.

On the other hand, a SFH is generally farther from the water (I'm trying to stay within golf cart distance to the beach), has less amenities than a condo, and higher property taxes, but seems like it would offer more appreciation than a condo.

Those that seem to have had a bad experience may be tied to poor Sponsor selection or offering selection.

It seems to be like a personal trainer for your mind.

I'm renting the place at 1495 currently and, based on comps, this doesn't seem like an unreasonable price.