During that time I bought four rental units before the market crashed.

@Darshil Parikh if u hold it and have enough cash flow it wouldn’t be a problem, however I do see when the stock market crash many people will lose there jobs and homes and a year or two there will be a lot foreclosure for us investors to choose from.

In 5 years, the total due should be ~395k so I feel that even if the crash is worse than the last one, I could at least at minimum get a loan for the remainder.

She indicated the Toledo Blade article below as a good summary of why but it sounds like her office served the public in adjusting property values which resulted in aggressive reductions as a result of the crash in real estate values. https://www.toledoblade.com/opinion/columnists/2019/06/07/intervention-might-clarify-lucas-county-property-tax-valuation/stories/20190606104It is only logical that requests to reduce property values will be declining in number and percentage of value, Toledo's values have done exceedingly well over the past few years. 

With the COVID scare, stock market crashing a bit (for any savvy long term investor, who cares, but regular folk get scared any time they see red), election causing uncertainly, it is inevitable that people will look to sell their extra property, and also likely scare away half the buyers.

The homeowner should send the notice immediately and insist that the roommate start packing as failure to do so will come with some pretty unpleasant consequences.Fingers crossed for you.

I survived the 2008 crash and have seen how bad it gets when prices drop 25%. 

I feel like I should warn you that since the real estate crash ten years ago, the market has run back up to a high valuation.

Not sure where you are capital wise but it's always a good idea to start small to understand the basics of real estate investing and calculating returns etc..But if your adventurous there are weekend crash courses on learning..

So our last deal, it didn't even hit me because the seller just crashed with a family member after the closing...But, I've been under contract for a month on a great off-market BRRRR deal.