The resort has many amenities (6 pools, 3 hot tubs, tennis courts, water park, etc.) on a big plot of land(33 acres).

The west side is so hot right now, I am wondering if it is worth it to target elsewhere.

I management to find an off-market house, negotiate it below market value (in our hot market), and had it rented with $400/mo cash flow within 90 days of closing (old owners rented back for 6 weeks while they prepared to move out).  

I joined the Air Force at 18, spent six years enlisted, and was fortunate to acquire an amazing set of skills that allowed me to exit the military at 24 and begin making in the six figure income.

That area is obviously a hot topic for a lot of beginner investors.

So there's a little bit of a speculative component in any "hot" market.

Hi Everyone,I was hoping someone could recommend a good air conditioning technician in the Ft Pierce area to install a unit in a duplex that I will get from a AC Depot in Ft Pierce.  

(I am open to anything better here)The tax sale: This property is in a hot market and properties are selling in a day.

Or maybe they just think it's a hot property and they don't want to waste time.Three days isn't much time to inspect and then negotiate unless you're well-qualified to complete the inspection on your own.

The owner declined negotiating the inspection addendum and I have an out, but I think there is good long-term opportunity here according to my calcs - good cash flow + appreciation + stable rental market.To sum it up, my question is: in your opinion(s), when is it acceptable to purchase an investment property in a hot rental market at asking (or above). what would you compromise on with initial up-front cost (i.e. no rehab, appreciation prospects, etc.)?