One can make the arguement that we have a lot of people moving in, but eventually supply will catch up.

Their assumption is often a once they leave "catch me if you can" sort of attitude.Gail

I have rental homes back in texas that do generate high returns but this is my 4th flipped condo in south beach I'll be looking to buy after having sold the previous 3 for great gains without , my current one just went under contract for a 38% cash on cash return in 1 year so for the most part I know what I'm doing with these condos but an incredible offer just came across my realtors desk and I wanted some advice.So there is a building with units in the $1200-2000/sq ft range and I have the opportunity to snag a water view unit on a low floor, 9th floor, for $750/ft but there is a big catch.

It does often take a professional eye to catch many things and even then they are often missed.

There are some I genuinely like to catch but I don't have a lot of time to watch it, remember I'm supposed to be running a real estate business! 

I receive a grant that allows me to put free money upfront down on a property since I'm a teacher (the catch is my interest rate is higher - however I plan to refinance out eventually anyways to throw the capital back into the property on a lower % loan and to get rid of PMI).

Message me and we can catch up 314325   9565   

Plus, you might catch a unit on a turnover needing a larger item (like a hot water heater or some new flooring) which is an ideal time. 

Bryan Hancock Good catch Bryan, it's for reasons like this that I ask for advice.

@Zach Fairfield @Scott D Fitts - Easiest way to get over this, so you can make future offers with confidence, is to just go make some stupid and ridiculously lowball "can't lose" offer on the next thing that catches your eye.Zero reason to be nervous about an offer at the "can't lose" price point.99% chance that it's not going to be accepted, so it really doesn't matter.And you know what, if it does get accepted by some miracle of fate?