And I realize the bay area has pockets that are recovering, but I no longer want to live in California.I'm looking for more of a stable market where the first house doesn't take 6+ months to sell.

I have had it sitting on my shelf for a few years, time to dust it off in a few.

A loft works for a bedroom and a shelf works for a kitchen.

The good news is that even during the current turbulance, there's gonna be some solid, stable areas.

I feel very fortunate to offer homebuyer services in a market with slim but stable growth.

Those who honestly decided just to quit normally do so after building up cash reserves, lowering expenses and years of stable income so they can predict what the cash flow will be like.What you tend to see is the full time investor is much less aggressive with leverage than the person who has a stable full time job.

You want someone who has a stable business and who is seasoned enough to know what they are good at and what they will leave to you.2.

As long as the cash flow is good, is everything else irrelevant regarding the mtg.Question two: how much excess cash would you keep on hand for each rental, to feel comfortable enough ie stable enough, to purchase a new property.I hope I made my question clear.thanks for the helpSteve

I am a Commercial Agent who has very capable residential agents.Showing positive absorption on the commercial side (office/retail/industrial)Residential market is stable with a large number or foreclosure and bank owned properties.

Always good to have a domain expert.Second has to do with your focus.You have a profitable business model and a stable of investors you work with.