Many call appreciation plays gambling or the like.

Do you think we're taking too much of a gamble with what we know?

You can literally transfer the funds to your checking account and gamble it all away.

I have been going to LV for 20+ years to gamble and party.

It’s kind of a gamble but I guess you can make an educated bet based on the market, supply/demand, and the quality of management.If you didn’t do that then I do think they’re due back their deposit.On the positive side, it sounds like you have a nice property in a popular area if it rented that quick..Best of luck! 

Horrible timing for us to decide to really step up the investment game and gambling on REI for me and my wife!

) LOL. and I laid out the risk factors. and I got 50 up votes.. so you can see there is a divide here on BP between as many doors at what ever cost or method you can get them and risk does not matter because Cash flow rentals are the safest thing to buy in the US and appreciation Is gambling etc etc. 

I may have gotten a slightly better deal had I gambled but It’s not worth the risk of not refinancing earlier.

Prices on zillow or rentometer or anything else are 100% solely based on asking prices, not confirmed rented prices.If you want actual data on a property you can request it from the owner, but, who knows how authentic it really is.

Particularly with a 3-year window, that is just gambling.