There are also a lot of local issues going on related to the gentrification that is occurring in those neighborhoods. 

If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

We are in a cycle which has never occurred before... instead of trying to game or time the market (sometimes known as speculation), many are just investing in Real Estate fundamentals (positive cash flow, or quality property in quality location will be worth more down the road).

Thanks for pointing out the identity exposure which would occur in a foreclosure.Anyone, please respond.

I'm curious about your comment about elections shaking up the market; I assume you mean US elections, and am wondering if this is something that historically happens, or you expect to occur specifically in this wild election cycle.

Most of these meetings occur on a Tuesday/Thursday evening, some on Saturdays as well.

If you think you will go FHA or other form of financing and then Quit Claim the property, to a LLC you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

When bubbles burst, they tend to go back to where they started or a bit lower.Financial bubbles tend to get more extreme over time, as the available credit that fuels them expands as our incomes and wealth expand.Bubbles become so attractive that eventually they suck in even the skeptics.No one wants the “high” and easy gains to end, so we go into denial as the bubble evolves, especially in its latter stages.Major bubbles occur only about once in a human lifetime, so it is easy to forget the lessons from the last one.

That is after a bicycle/car accident left me incapacitated in California for eleven months (I was the bicycle).

I can count on one hand the number of Realtors that are worth their salt, and I lost 4 fingers in a chainsaw accident...