Wholesalers are, to put it mildly, not considered the paragon of honesty and fair-dealing that they like to think themselves as being.

After I submitted my application they estimated march and said hope for a mild winter.

As mentioned above, investors need to continue to conduct conservative underwriting and position their portfolio to be able to weather all storms, while not missing out on what could be a mild, long and steady continual trend upwards.

I ran the numbers with rough and likely mildly pessimistic estimates of total rehab, based on paying $425 total to have it in good enough shape to keep 70% of rent, then assuming loan cost of 6.5% (definitely pessimistic since the last two were around 5% for me), and they aren't all that attractive-  If $425k total in-Rent for $4200 total =$2940/month using 70% rule$2535/month P+I for $340k borrowed at 6.5% for 20 years $1500 insurance plus $2740 Taxes=$353/month for Taxes and insurance$2890 total MTI =Marginal to no cash flow, $7800 per year in paydown- so about 10% on the $80k I have in, Then market gain leveraged X 5- This is the big wild card, and the one where I may be less optimistic than the rest of the crowd. 4% sustained yearly gain would make the whole thing seem really attractive all of a sudden- but I don't see our economy expanding in the middle class enough for this to keep happening for much longer :(a 1% cheaper loan saves only $200/month- still weak sauce cash-flow wise. 

For rentals, we are looking for a good balance of mild cashflow and appreciation in B and C class neighborhoods. 

There is no real way to predict what that transition will look like, it could be mild or it could be very bad.All of that said, if you can find a cheap apartment complex in an area that isn't dominated by high crime (good luck) and don't mind dealing with the drama that is low income tenants you might not do too bad.

Sometimes there is only great recession data, and that recession was pretty mild on some asset classes, versus previous recessions.

I've seen hotter summers and more violent storms in Houston and a few years in a row of very mild winters in Maine.

Sometimes there is only great recession data, and that recession was pretty mild on some asset classes, versus previous recessions.

Darker e-juices can stain carpet if spilled, but this is probably less of a risk than a kid spilling juice on the carpet and can usually be cleaned out with some dish detergent.