Leveraged properties & Market Downturn

[Account Closed]

As the housing market is climbing and has been for some time, people are getting skeptical about how soon things will change. When looking at ways to build a portfolio with "no & low money down," it's all about leverage. However, the biggest concern I've heard with a highly leveraged business is the impact of the market during a downturn.

I'm wondering what is on people's minds when they think this way. While it may be true that the value of the home will drop, that would only matter if selling during that downturn. Rents should stay the same, mortgage & interest payments would stay the same. Expenses would stay the same. It should continue to cash flow.

Hoping that we can get a few opinions about the details of this market function. Thanks!