You would think this would be good for land loads, but the recent construction boom has flooded the market with property.

The area is on the outskirts of another area that has already been redeveloped, brought back to life, and is booming.

Looks like a classic example of bad area with a bad PM.I could fix your issue for a lot less then you figure, if I see it all.PM’s are a dime a dozen now, many are just leeches taking and not giving.Long distance is lots of risk, lots of BIG fish on here do it, I am sure make good returns.I am in a booming burb of a large city I have no need to leave it.

Especially when you consider the recent surge in new real estate licenses as new agents look to make a fortune in the booming economy:https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/06/05/number-metro-phoenix-arizona-real-estate-agents-grows-housing-market-booms/674280002/Bad Real Estate Deja-VuWe all remember just a short decade ago how the market came all crashing down on our heads and totally leveled the economy.Phoenix’s housing boom was fueled by subprime mortgage and real estate speculators looking to make a quick buck.

If your friend's 401k returns haven't been good in recent years (while the market has been booming), then he's probably in the wrong funds (poor returns and/or high fees) and/or managed by the wrong company (high fees). 

That’s what they are doing in my booming suburban area.

Is it enough to just speak with the sponsor/investor marketer over the phone, then talk with 1-2 prior investors (or none in some cases), get a good "gut" feeling, look at some numbers on prior deals, then boom.

Vegas RE is booming.

The ensuing pandemic housing boom saw markets like Austin and Tampa become overvalued by 61% and 45%, respectively.In places like Austin TX, which was overvalued by just 7% in the first quarter of 2006, this feels very new.

The booming areas are downtown, bricktown, midtown, 23rd st and 36th st.