Economics are powerful until they aren't.

I have many clients buying the older homes in North Phoenix near the north 101 as they are 20-30 years old, in need of updates, but also are poised for the long term growth from TSMC and other business/economic activity in the area. 

Of course there are several other economic stabilizers within each market. 

Imagine a real crisis where they couldn't get the grid back up, and you couldn't access your accounts, etc.  

This way, you'll have access to liquidity without the headache of managing separate loans and fees.Predicted Refi Rates: While no one can predict rates with absolute certainty, the general consensus is that rates may stay lower or remain stable in the short term, barring any economic shifts.

Nothing has changed or will change soon economically, so I have no idea how they are going to pay anyone back.

Regardless of paper returns, as you noted, these are the homes located in areas that suffer first and the most in an economic downturn or other times of distress. 

I then look at area vacancies, economic conditions, employment opportunities, area demographics and verify that the property has not been red tagged or have any other underlying problems that might make it difficult to resell or rent.When I have my financial information then I can consider debt service and costs related to equity partners in the overall income produced.

That doesn’t happen without poor underwriting, I don’t care how many economic disadvantages they’ve had to endure.

., shifts in pricing, demand-supply changes).Analyze local or regional real estate data.Identify key economic indicators impacting the housing market.Stay ahead of demographic changes or migration trends.Do you have any go-to platforms, datasets, books, or even strategies that have been especially valuable?