During inspection periods we have found a $60K cost ($40K of which was fixed price by the municipality) and a $50K cost.I closed on both these properties at a reduced price (one reduced the price significantly (the ~$50K issue resulted in $46.5K reduction) and one reduced the price moderately compared to the cost (the $60K resulted in a $9K reduction)).I do not know what your earnest money is. 

It may be, and probably will be, the market will sustain this growth for a year, maybe two, but we're due for a recession, and I think prices will come back to, somewhat, moderate levels to start in vesting in UT. 

We were investing in real estate before the crash so we are moderately seasoned investors.

If property prices fall even a moderate amount, say 10-15%, both investors and owner occupants (currently waiting on the side lines) will likely scoop things up and like you said "Stabilize" the market.

but can you tell me how do you find out that a particular market or a place has a higher or lower cash fl I am not one to live and die by the 1% rule as it does not work in many markets, however we were able to identify many markets that are not even considered "hot markets" to investors that had strong rental demand and we could buy properties moderately distressed, so a little rehab and rent in days for more than 1% of property value.

You could easily purchase a great rental property in South Florida and with the right team that will do the work for you at a very moderate cost, sit back and let your investment grow.

A 5% no hassle, moderately safe securities yield should be easy to average. 

I quit alcohol 2 years ago.

One time I came to the apartment and found her sleeping in the back with a bottle of alcohol. 

[[Dear Moderator, YES, I only own a percentage of each door.