Affordable housing is another healthy market here, though it's been tough recently with the rent moratorium.

You’ll want to know if it is this a cash flow deal, a deal geared more towards growth, or a deal that has a healthy mix of both.

I am a carpenter/natural builder, and work full time for a small yet powerful contracting company doing historic restoration, general carpentry, natural building, and new builds with a focus on energy efficiency and healthy housing.

Hence a slight inventory increase and some geographic luck is producing a lot of properties there.I am not a the sky is falling person thinking the bubble is about to pop, but a healthy correction is likely in my opinion in the next year.

I like Sherman's rules, but please keep in mind that Proximity to an Anchor institution is NOT a sure sign of a healthy neighborhood.  

In my opinion even if the hedge funds decided to start selling they wouldn't flood the market and sell all at once as it would only devalue their own assests in the process.The inventory increases we are seeing are returning the market to a more healthy supply and demand levels...it is only concerning if it continues to increase at this rapid rate for a long period of time.

Once you get stabilized, put ALL your money into a savings account until you have a healthy nest egg that can protect you for several major disasters.

Please keep safe and be healthy!

Cash-out Refi's are much more difficult to qualify for, because they are full blown mortgages, and will require a healthy amount of reserves for investment properties.  

Keep it simple, are you getting more in rent each month than you pay for all expenses (mortgage, tax, insurance, capex..)Cash flow is king no matter what the market, so look for healthy rental markets using tools like rentometer.com