During the Great Recession it bounced  bet 3-4 months. 1.7 month from 2012 now dropped to .6 month and it is running 1.4 months again recently.San Jose city did hit 16.8 month and dropped to 8.7 months in a few months.

If you feel the need/want to discuss this further, or to bounce an idea off of me, let me know.

Hi All,      A little about myself, im new to the real estate investment arena,  but and fairly good with financials, and just wanted to bounce my thought process off a few folks in hope someone more experienced can provide me some guidance.

I want to pick one strategy and stick with it more or less as my bread and butter approach and stay focused on being the best at one thing, rather than bouncing back and forth between strategies.

It also helps that I have friends that hold the CFP designation that I can bounce ideas off of.Right now the OOS markets that we are looking at specifically is Indy.

If you were not dependent on a refi within a year I would say you would be fine to proceed because values will bounce back and your rental rates should stay stable unless you're buying in a tourism hotspot but there is definitely some uncertainty about the pricing of small multis due to investor jitters, layoffs and the lending environment - if there's no competition for small multi- familys you won't sustain the price you need for the refi.This might be where your overall goal of increasing your wealth trumps your annual goal of a 4plex this year - equally it is only March so there's time yet...Hope this helps.

So over the year I get 5500 towards mortgage for roughly 2000 in expenses.During this time condo construction went crazy in the city another 6000 units in a city of 260k people...Condo market has now tanked and not going to bounce back anytime soon.

Bounce rate and Session durations are very good.

If you ever want anyone to bounce ideas or questions off of, I'd be happy to talk!

ive actually had 2 properties previously. one was my house in Georgetown that i "flipped" while living in. the second was my wifes house in Richmond Hill before we got married. we tried to make it a rental but it was a disaster from the start, that was my first exposure to just how important a property manager is and how they are all definitely not created equal. i was just winging it then and completely clueless. since then ive been reading a lot of books and have dived in to podcast. planning to buy a rental later this years, this time ill be a little more ready. looking for some people in the area interested in real estate also to bounce ideas off of. maybe partner up on some future projects.