One can safely predict that rate is going to go up on the reset - 5% to start, and then likely higher each reset annually.I'm debating about pulling more cash out of the refi to pay down (or potentially off) the investment property.

Based on the condition and what i'm used to looking at, It would be hard to argue his ask.Initial Numbers (combination of actuals predictive, waiting on prior actuals)Asking Price: $400,000Scheduled Rent: $3,900 Tax & Ins.: $850 Other Expenses (maint, capx, lawn, snow, etc.) $411 NOI $2,639 monthly NOI: $31,668 yearI inform the seller that is a little out of my budget with traditional financing as I was looking at that SFR only but asked if they would be willing to provide seller financing.

." - Joseph P KennedyIt is important to note that Joseph Kennedy profited from the stock market crash of 1929 by predicting it and this was how he knew it was coming.

Looking back at the last 15 years everything seems so predictable.

I see many investors saying they are buying properties with no cash-flow or even a negative cash-flow because they predict the market will continue to grow and they'll eventually gain a cash-flow and build equity.

But I still can't play football worth a darn.

All in for 10k, sold house for 36,500.Now here's the deal - I'm not disputing your model is most likely easier, more easily repeatable, and more predictable.

I'm bad at predicting them and even worse at predicting how society will handle it. 

Thurston county is predicted to grow by 100k residents in the next 20 years--that's 40%!

if looking for appreciation(terrible strategy) look further north, in florida, there are plenty of smaller communities that are predicted to grow with our aging population.