I look for cashflow to service the debt, repairs, cap ex, taxes, and insurance while the equity grows, my taxes are decreased, and rents are increased to make more cashflow. 

My posting and commenting has decreased significantly in the last several months but after the LA fires, I'm participating more. 

-Decreased security deposit to 1x for MTR.

To decrease expenses, we are 1.

I've bought several in the past few years at 8-10 caps and they have decreased already and the market is not even booming yet.

Better to concentrate on decreasing expenses and saving for now. 

That will definitely increase blue collar wages in certain industries and decrease rental demand in certain submarkets over the course of years.

Real Estate values, nationally, have never decreased over any 10 years. https://fred.stlouisfed.org/series/MSPUSFocus on optimizing active income first.

Only five of the qualifying 25 local cities saw a population decrease, topped by Bee Cave (-2.7%).

I would at least recommend you have them shop a policy for you.One thing we did note is that with hail damage to roofs, they seem to be decreasing coverage/increasing deductibles on that if ever needed.