http://www.zonerichmond.com/welcome.htmlImagine what will happen to home prices when folks in SF realize they can have a 15 min ride from Richmond to downtown SF and live in a beautiful condo on the water for 1/3 of the price of SF.  

And I doubt if that is what Robert K. our cash flow prophet (all hail Kyosaki!)

Ultimately if they say no then there's basically nothing he can do but ride it out.

One, how aggressive you are about serving the pay or quit notices and get the eviction filed, versus riding it out to see what happens.  

The Big question in my mind is will this be another big "R" as in Recession or a Big "D" Essentially by becoming liquid, renting for a while, being patient and buying on the Market DIP you are able to again RIDE the wave up when the market rebounds which it will in the SF Bay area again in the next UP cycle. 

As long as you buy smart and don't over leverage (like a lot of people are doing here) you'll ride it out.  

So, let's say you have a roof with 20-year shingles that is 5 years old that was damaged in a hail storm and it needs to be replaced.

Prelim #'s I'm running show cap near 8% - however I'm fudging high on water (irrigation) if we tied into the city water - I'd like to have a well drilled and put in a warm season grass so the mowing season is shorter and it requires less water.Putting in vacancy of 5% though what I've noticed is the new developments stay full - also figuring Cap Ex as well, which honestly if we build right and dont own more than 10 years or so the only thing we should look at having to replace is carpet or a water heater which is minimal unless a hail storm or tornado goes through.  

But unlike a Roth IRA/401k, there is no limit on contributions and a life insurance death benefit rides along.

Been in this rollercoaster ride for about 11yrs, Love the challenge from negotiating with lenders (shortsales) To dealing with multiple sellers with different mindsets.