I believe our personal residence could rent anywhere from $1,500 to $1,800 per month but I see so much rent fluctuation in our comps that it's difficult for us to nail down estimates for both our current residence and other potential purchases.Thanks in advance!

We would like to invest in AZ since it’s our market, but we are afraid to get started here since housing fluctuations here.

I would replace your "Median home price growth" with "Rent price growth year over year," since I buy larger multifamilies.I also look for diversity of industries so we're not exposed to the fluctuations of one industry too significantly.

Even with what seem like optimistic numbers, it isn't an investment unless you're doing it for the appreciation which is risky with a condo because prices fluctuate much more than SFHs.

Im also aware that things can fluctuate in Baltimore from block to block.

Two look like they're dying now from the recent extreme temperature fluctuations.

They can be fixed rate or variable, if you don't spend any of the funds, then you don't have a monthly payment, so they are advantageous to having access to the funds and not making a monthly payment while you shop for the flip.Cash-out refi is a fixed rate with terms.It's a fixed payment and you can foresee what you will be paying every month. 10 year, 15 year or even 30 year terms.HELOC is generally a variable rate which means the payment can fluctuate, but also on the plus side is you can get an introductory rate, much like a credit card and choose interest only payments.

Those housing markets can fluctuate like CRAZY based on what the oil economy is doing. 20% appreciation in a year is not something to bank on. 

@raychambers The inverted yield curve, the normal 8-10 fluctuation, and actions by the Fed. 

This is only an estimate, it may fluctuate depending on taxes and lending/points cost.We have great Lender contacts that we can refer you to if you need someone.Best of luck!