Riding in a car on a road trip, while doing math only my I phone to post on BP led me to missing obvious factors.

I hope you enjoy the ride!

If you could ride the market for some time and there is potential for appreciation then this could be OK deal.Good Luck InvestingVivek

Plain and simple .if you wanted me to ride around with you for the day looking at houses with you and offering my opinion , it will cost you . ( More than you would want to pay) .The 2 biggest mistakes I see people make is paying too much for a property , and way underestimating the rehab cost  and time frame .There is a learning curve , you will make mistakes and they usually cost you $$$$.

Or, because the long term outlook is so positive, do I just ride out the next three years?  

I look for cars that are a few years old but kept up, yards that generally are kept and places where kids are playing ball or riding bikes.

Andrews Bay and within a short bike ride to downtown St.

As far as overvalued market I do agree but choice is to sit on fence and be patient or jump on the bandwagon and ride through it.Do an if else analysis for the best and worst case scenario and see you have a plan in place.

I ride my motorcycle out there sometimes.

Regarding landscape, I do plan on parking a riding lawn mower in the pump house and taking care of this myself.