Here are the final stats (not sure if this will copy and paste correctly): Purchase Info Square Feet (2 Units) 2,492 Purchase Price $165,000 Initial Cash Invested $49,727 Income Analysis Monthly Annual Net Operating Income $1,032/mo $12,387/annually Cash Flow $414/mo  $4,973/annually Financial Metrics Cap Rate (Purchase Price) 7.5% Cash on Cash Return (Year 1) 10.0% Internal Rate of Return (Year 20) 16.9% On the land lording side, I was forced into a crash course when I had to kick out one of the tenants due to non-payment of rent.

There have been a few pundits predicting a major real estate crash in the next few years.

Texas would likely survive an oil crash with its great economy either way. :)

If the Nasdaq market goes through a correction, it should affect the Seattle Real Estate market like in 2000 and not like the big crash in 2008.

Man I used to own a car just like it back pre- crash, it'd be awesome to own another one.

We're nearing the end of our owner-occupied term and we've started crash coursing our REI education.

I have always had an entrepreneurial streak and had a serious crash and burn with a brick and mortar manufacturing business.  

After the crash, the individuals net worth, credit, score, liquidity were then put front and center. 

@Jon Holdman  having had to foreclose unfortunately on my share of borrowers during the crash I got educated in the small print where my first 25 years or so lending I never even read the small print.. its when things go wonky that the small print matters  :)

You should be able to find someone to carpool if you want to go there and breath some fresh air and hear the waves crashing.