I can see easy swings of 10% but those days of 50 to 80% devaluations not sure we will ever get there again unless there is some real calamity that no one can imagine right now.And its totally regional.. like you have talked about many times your still able to buy your assets at a FRACTION of replacement value..

A "repair" of the existing structure would likely cost just a fraction of new construction.

And buy some assets with leverage to take advantage the interest arbitrage.And it's also a good time to be exploring the fractional passive markets where you can still 1031 and keep tax deferred but you can also go completely passive and get the arbitrage of interest on loans that are non-recourse to you.And there's three letters that tell me you need to run not walk away from these as you near retirement - HOA!!! 

This also adds a sense of seriousness Go through ahead of time and highlight where they need to sign, as well as sticky notes here and there Walk them through the provisions of the lease and have them initial important notesAccepting the Rent Prorate the second month to match the first (full month at signing, a fraction at 1st of the month) Only accept payment in certified funds like a money order or cashiers check, no personal checks or cash For payments in the future, use intuit payment or check bigger pockets forums for more waysThe Move-In Condition Report The last thing you need to do is for the tenant to sign the condition report where he walks through the property and check damages.

But then when you uncheck "for sale" and check "for rent," you are only seeing a fraction of the amount for sale.

I haven’t followed Bay Area real estate as close since end of 2018, but I can say with almost absolute certainty that there are not even close to half as many bids per home, and probably only a fraction of cash buyers.

Sounds like with proper PPE and precautions I can have guys do the demo and disposal for a fraction of the cost.

@Jaysen Medhurst is right on - a lot of investors at the end of active investing careers move into NNN commercial or fractional 1031 compliant properties that are totally passive. 

We are in the process of launching a Delaware Statutory Trust (DST) to give investors a way to fractionally invest and maintain their 1031 exchange.  

As we've already seen in Austin with businesses rapidly shutting their doors forever, businesses simply can't survive on a fraction of their revenue for an extended period of time.