Good words sdr, I am trying to do that now. It seems so cheap compared to up here, it would be an absolute steal where I live, so I have to cleanse my mind of that baggage. I think no matter how well something is bought right now, it will decline in value over the next few years. That is ok by me as long as I do not overpay at the time of the decision. All I can ever do is make the best decision that I can weighing all the facts at the time of the decision. I do not mind missing by 100k, but I do not want to miss by 500k on a purchase.
Some properties just do not exist in abundance, so even in a huge slump, they may not be for sale even at a lower price. Thanks again to all, this type of exchange is what makes this blog great. I will let everyone know if I do anything, which I may not.