I have some family there in Strongsville so if I need a place to crash so I can work on a project, I have a place to stay over the weekend.

I will get back to where I was 11 years ago, before the Crash, with a Profit of $350,000.

If I knew when the real estate market would crash I would be in a different place. 

As historic evidence, according to the Wall Street Journal, when the market crashed and the economy pulled back in 2008, REITs (on average) lost about 25% with some near 40%, and since 2000, REITs “are second only to emerging-market stocks as the most volatile asset class. 

The situation is that after the crash, a lot of owners in this complex (and many in the area) got foreclosed on and the banks did not pay the HOA fees so no maintenance was done.

Mortgage lenders are more flexible nowadays due to the increased regulations afte the 2008 crash.

I have been hearing everyone screaing for the next market crash.

It could be the virus now, housing crash later but the beauty of real estate is that there are strategies you can implement in any given market cycle. 

The main problem is sustaining rent when the market crashes... its the expensive rentals that become vacant (or significantly drop rent). 

It's a sound plan but much more difficult now that prices have risen back to near pre-crash levels.