That will drive the requirement for short closings.

In nominal terms, which is how most people think, inflation will drive up prices.

I would consider other factors, like job growth and the very local economy, too.

In actuality the bill is designed to keep our economy from driving off of a cliff.

I'm also going to drive around older neighborhoods and look for vacant houses and other FSBO's

Houston is alot more solid with growth adn appreciation.

Jason, The other part about my area is that we have several big apartment buildings and when you drive by during the summer, you can clearly see ripped screens with curtains hanging outside the windows.

I remember driving past the clock every time I was in the city, when growing up.

Could you share with us How long you plan to hold on to the property Expected capital and rental growth rate Vacancy rate Utilities cost Typical cap rates in the area

Then again, new investors will be buying cheaper and undercutting current rent prices (or will they) driving down the rent.