Attended a recent seminar by Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS. Dr. Yun's presentations are always insightful and backed by pertinent statistics.

Two of his more interesting statements were that interest rates will likely hit 5.5% by year end and that today demographics and market conditions make it a favorable time to purchase investment property around universities. Many properties can be purchased at a price which allows a positive cash flow based on today's interest rates.

For those around the Tampa Bay area, the University of South Florida area offers that opportunity to investors. There is a large inventory of available properties, and with the size of USF, a seemingly endless supply of potential renters.