They went through the 2008-09 crash, but I think you are writing that maybe they were too young to be clobbered. 

(It was shortly after the 08 crash.) 

Distressed notes have been on the decline for a few years, as we have dug ourselves out of the real estate crash.  

Drive to Silicon Valley ( two hours driving a day ) , work till 7:00 or so, go home and crash. 

In conclusion, while most of the USA began experiencing an economic and real estate boom from 2009 and onwards, following the 2008 crash...Waco remained an economically depressed city.

This thinking contributed greatly to the market crashing back then and no lender in their right mind would evaluate a deal in this fashion.Lenders will always base value on the lower of the appraised value or the sales price.  

New world holiday, annual market crash day, lol. 

Find ways to get the money and dollar cost average real estate over the years no matter what the doomers and crash bros tell you.

Are you planning on another unit (with kitchen) in the basement or just a crash pad for you when you are in town?

While I don't think there's going to be a crash, I do think we'll see a reversion to mean in which a lot of the aggressive investors on the bleeding edge of the risk frontier get smashed.