And I'd have to find other IRS write-offs to cover the annual rental profits.Some complicating variables to note: Since it's a beach house, the value has spiked far faster than the estimated worth of the other homes, a reality that surely will continue, since the coastline is shrinking, not growing.

You aren't the only one thinking this way; I've actually seen a spike in cash out refinances as rates have risen.

The problem now is that interest rates have spiked, and might actually price me out of any other loan for the next few months (in terms of DTI ratios).

Held flat for a while then spiked after Halloween.

@Derek Daun It can be difficult to determine the extent of a natural gas leak, as the mercaptans that it is spiked with can be detected at as low as couple of ppm.

They have totally spiked in the last ten years, for sure. 

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@Joby HouckCongratulations on being so well heeled getting started.Your plan hinges on where you are right now? 

But per your question, nuts and bolts, remember... there is a finite amount of space to occupy and the owners of that space will be in demand always.Of course there will be dips and spikes if looking at a market, but in general terms, the need (demand) will always exist.

I had this happen in our condo rental...thought the woman was hanging wall art with railroad spikes.