With the dry ground and soil conditions, foundations tend to move quite a bit.

Side note; trying to collect a pet deposit from 5 year tenants who have already been there with a pet is like trying to stay dry after you jump in the pool.

Real estate is the last place you want to park excess cash if you believe we are at the top of the cycle. 

I do work to drive long term guests to book directly, as the fees for both HA and AirBnb become excessive. 

The only thing I heard is the lender they had lined up saw in the MLS before they could delist that it was listed at at $3mil and said no.The lender could be using other peoples money, split that 25% commission with the agent, investors are hung out to dry, lender-broker say oh well that happens sometimes.

Like I said above, limiting to “VA-only” lending would run dry of talking points pretty quickly.

@Carol Kotchek, There's a couple different questions and answers in your scenario that keep it from being cut and dried.1.

In the 80's and 90's 30 year fixed rate mortgages were in excess of 10%.

An increase of $140 might create excessive vacancies.  

Spain is a country with a declining and ageing population with excess of housing.