If I were a buyer, I wouldn't pay a 9-10% cap rate for that kind of volatile cash flow.

I just figured I didn't want a lot of cash sitting around and I am comfortable (at least I think I am) with market volatility.

People with jobs are volatile. 

Low volatility has a prized place in most people's investment portfolios.

I want to point out on thing about the volatility. 

Hi Alexis,IMO If you look at the volatility in median sales price between the two cities you will see Austin is a much safer bet. 

In terms of volatility, if you look at historical charts of both the Prime rate and 1-year treasury rates, they look almost identical with the Prime rate consistently higher than the 1-year treasury rate.

However, I have been reading that the Treasury is more volatile than Prime.Is this index more stable or less stable than the Prime index?

Obviously, I'm looking at less volatile / more liquid. 

It just doesn't happen very often and therefore the systems were not prepared for it.As far as weather patterns, humans are very arrogant to believe we know if historical weather patterns were more or less volatile than they are today.