I took photography in college and had a talent in turning some dog ugly women hot on film...

Often though it is not just the valves at sinks and toilets but even the main shut off valves and/or the valves at the hot water tank.

I'm keeping an eye on a few properties that just sold and also speaking with all the REAs I know to find out what types of properties are hot and where.

The coolness from tile is always nice in hot areas like Arizona too.

In a hot market there are a few hundred "investors" popping up daily and I'm sure we all know how that ends up for the majority.

Kurt Kwart , I was as surprised as you on the votes, but the fact is it's a TV show, people watch it because she's hot, not because she's a good contractor. 

Frederick being such a hot market seems great for flips, while Hagerstown seems like a good buy & hold area.

Ask anyone who was investing in hot markets in 2008. 

Keeping in mind it does drive up maintenance costs that must be covered by those higher rents.Mandatory in a high end rental in hot climates, welfare tenants can up their daily intake of beers.

You are right pricing right now is ridiculous people are asking 2-3 times the appraised value because it is very hot right now.