- Wanted to diversify my real estate holdings, felt I had too much in the Bay Area - and in the next recession/market softening, I want some cash flow that's more protected from market volatility. - Because the Bay Area is such a boom/bust environment, I wanted to cash in on the equity I had built up on my most recent purchase (the SJ condo) and move that money to a more stable real estate market. - Areas I looked into, Indianapolis, Atlanta, San Antonio, Cleveland, Memphis, parts of Florida. - First filter - any city that I read about that had good purchase prices compared to rental income I considered.

This does help to soften the valleys when the market falls though.

I thought about doing tile but this house has a well and no guarantees on how rusty the water is regardless of the water softener.

And then consider a PM for the future since MA clearly has tough laws and you need someone working for you that knows the laws and acts FAST.Because with them paying that 70% portion (around $1400) I'm actually able to soften the blow and survive this.

This seems like a brilliant way to soften market cycles and reduce risk at both teh individual and the overall market level.

C NeighborhoodBuyer says 3 Bed 2 Bath  1,120 sq ftAssessed @ 79kComps at 75kHas renter at 650 now Property Management in the area says rent should be $1,000, if the market softened $900.

I'm seeing softening in the around $600k level here in Denver with one of my current clients.

But at the same time, the rents for the top of the market properties are falling slightly and the Mueller model, which I use and trust, tells us that rental market softening is a leading indicator for a slowdown in the sales market. 

We put a 1500 gallon storage tank on it and a water softener.

Even if the market softens it will probably be 10-15% and then just keep right on trucking.