Homework is the King!
Did you know that homework is the king of declining markets? Doing your homework will somewhat expose your property not as cash cow but as a cash vacuum. You have to know that buying is far different from signing an offer. If you are really diligent and dedicated with this, the homework can really provide you all the means in order to make a good deal. You also have to check the local market and validate it carefully. Having enough knowledge on the price stability also helps as the prices are not really consistent or the inventory is at its record levels. You must really consider these situations.