Lance is right in saying that the market will eventually bottom out, but if you're in it for the long term, Miami will always be a high demand market that attracts major investment. 

I'm used to posting on Craigslist, but I'm not getting as much of a response as I expected.What are some effective ways to attract good tenants in Memphis, other than Craigslist?

I don't believe that Denver is a bubble at all, in fact these crazy numbers are due to the quality of resident that we are attracting, and the type of housing that comes along with it. 

Not sure the conversion rate, but if you already have new appliances, there is no reason you need to spend $5000 to give the kitchen and bath an attractive facelift.

Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

So I am money in their wallet too!

Many successful real estate agents know how to properly showcase a house to make it more marketable and develop creative MLS listings to attract the right buyers.9.

I thoroughly cover this topic in the first link and the 2nd link is an article which contains updated stats:http://www.biggerpockets.com/forums/55/topics/2140...http://www.zillow.com/research/landlord-profit-735...To expand upon these posts, here are the historical annual appreciation numbers for SF, which I believe are undeniable:5 Years - 8%/Yr.10 Years - 0%/Yr.20 Years - 5.8%/Yr.30 Years - 5.6%/Yr.I view long term buy and hold investing as a 15+ year time horizon and SF has returned extremely attractive gains over those periods.

Have more liquid that will be more attractive to any lender, conventional or HM.

In the second scenario, I am worried about the kinds of reckless tenants a college town attracts, and it would mean a longer commute to work for me.