Coupled with the economic slowdown that's occurring, I'd be cautious to say the least.

Be sure to have good exit strategy for if/when that happens.A wise mentor told me once that until you've "Battle tested" a strategy for at least 5 years thru one full economic cycle, consider it still all good luck.

In mortgage rate/bond world, the next set of economic reports (Jobs, inflation, retail sales, etc) can always change the picture quickly. 

I was one of the largest HML in the space prior to 08 I did about 2,000 of these from 02 to 08 melt down  LOL..

@Ryan Arth, I'm interested in multifamily homes in C class neighborhoods or better that are at least economically stable.

However long they can hang on for or until it isn't economically feasible - whichever comes first. 

This is dependent on the city's long-term economic growth.Natural disaster risk: Certain locations are more prone to natural disasters, such as hurricanes, tornadoes, earthquakes, fires, and floods.

Now I have added my largest monthly transactions (my mortgage and student loan amounts) to that minimum and my account reads "keep above $4,000". 

Economic fluctuations can impact property values.Detroit, Michigan:Pros: Detroit offers low property prices and potential for high returns on investment.

This preference makes sense because if these GMs are still in business, it likely means they have developed strategies to maximize profits within different economic cycles.