I didn't even think MTM was favorable for the landlord before I moved from Canada because it would (in my mind) create havoc in terms of predicting your future cash flows. 

Either way you can’t  predict those dynamics and purchase and sale transactions in my opinion should put a lot more weight on price.

I do not plan to predict when will the market turn down, nor will sell anything before it actually turn down.  

If there are no comps I would predict an appraisal problem which will lilely lead to a forced price reduction when it is under contract.

Their income and expenses and problems are pretty predictable.  

We're not talking SF-over-the-last-10-years appreciation, but I'm interested in predictable investment returns, not gambling.

Looking for help predicting expenses (like maint/cap, insurance, cleaning, management, etc.) and revenue (I've computed my own rental season curve, but I'd love someone to validate that for me).What I'm looking at is an MLS duplex that *I think* would rent for a total of $4300/wk at peak, at a least price of $519K.Thanks,Chaz

As you know, we have a very thorough tenant screening and background check but we cannot predict the future of a tenant.

I was caught in that problem and it is such a headache that I could not have predicted.

If you are buying and holding it is a smart plan to use a fixed loan product in order to have stable, predictable income.