The rents in this area became a little depressed due to the drop in oil prices and as others have stated this area should appreciate given the additional development going on.

It is also currently a depressed area because of the oil prices.  

With a very flat site like that, depressions above the system can capture and concentrate a lot of water. 

Just hard to say how long it will be depressed.

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a fly epidemic; and the resignation of a disgraced president.

He might keep us out of depression but I think that Hillary could.  

It will be a global economic recession or maybe even depression ( to me it's more like a depression) .

They are still depressed to the point you can find pretty good deals.

#ThatsOaklandA landlord can evict a tenant for the following reasons: Failure to pay rent;Breach of lease terms;Failure to sign a lease extension or renewal that contains materially the same terms as the current lease terms;Willful substantial damage to the unit;Disorderly destruction of peace and quiet of other tenants;Use of unit for illegal purpose;Denial of legal access to unit to the landlord, after written notice to cease;Owner seeks in good faith to recover possession of the rental unit for her occupancy as a principal residence, where she has previously occupied the unit as her principal residence and has the right to recover possession for her occupancy as a principal residence under a written rental agreement with the current tenants.Owner seeks in good faith to recover possession for her own use and occupancy as her principal residence, or for the use and occupancy as a principal residence for her spouse, domestic partner, child, parent, or grandparent.Necessary substantial repairs, for a three month temporary relocation; orOwner seeks to remove the property from the rental market as an Ellic Act eviction.

Novice investors who want to start slowly will learn about taking advantage of a depressed market for short and long-term gains.