We have since moved just north of Silicon Valley into a deal that is unheard of in the Bay Area.

Flippers were putting $100k into $300k houses and selling for $500k in neighborhood where that had previously been unheard of, surpassing highest comps by leaps and bounds. 

@Chheang Yang,  A 100% deposit ahead of closing is not unheard of.  

Also, it's my understanding that separate water is basically unheard of, especially in that size property, that would not stop me.  

The reason I say "before" any hypothetical correction is because cash out refinances on investment properties in the early years of the downturn were virtually unheard of... your HELOC(s) was/were cut off, and no one was doing cash out refis.

I suspect that some syndicators will be loosing investor money (virtually unheard of in last 10 years).  

." - This is unheard of in the real estate industry.

3% interest rate is unheard of I am paying my own father 6%.

but that DTI calculation where after a certain amount of properties your dti will go towards 50%. even if you bring in TWICE the amount of mortgage in rental income(unheard of I know but for my argument lets say you can) , that number will go towards 50% ((mortgage) debt/income(2x mortgage rental income). 1/2 = 50%. 

There are going to be thousands of people without power because the seawater shorted out the electrical systems in their houses and the public utilities companies will not be able to reconnect until they are repaired.Sadly for many folks, their electrical systems were damaged by flood waters and they did not have flood insurance as the storm surge went to levels unheard of here.