It doesn't account for national-level issues, such as the bubble and resulting crash back on 06/07 where unemployment spiked.

I will say that I have seen such a massive spike in the prices of homes over that way that it in such a short period of time rents have not been able to keep pace to provide great returns.The vast majority of all of the properties that I have been working on lately have been over in the NE along the 35 corridors.

Because my guess is if you have rentals in good condition, the rent values will spike.

We had a girl who was head over the heels about the place at our open house, but her realtor has advised her not to put it under contract because he is confident it will get a low appraisal due to the appraiser only using in project comps (he also mentioned that it is a VA loan, and they are very strict about staying in the project).I also believe that the realtors are not even showing this to their clients because of the above reason (though we have had about 4 showings).  

Dig your heels in, and who knows what this person will whisper into the seller's ear.

Or does it spike certain days?

It's one of the fastest growing areas in Houston but still has a small town feel, for now.The conventional wisdom is that Harvey will create a spike in prices.

The general rule of thumb that I provide is that you want the median household income level to be above 38 K in the Midwest and above 40K in the rest of the u.s. numbers below this, cause tremendous churn, which will spike your repairs and maintenance cost and kill your profits.

You guys know the deal.Anyway, we initially dug our heels in and stood our ground, stating that we wouldn't break the lease and that if she did, HUD could potentially terminate her  Section 8 voucher.

You might also want to keep an eye out for certain cities that have planned large improvements such as new schools and stadiums as they will spike up the tax rate in a higher percentage than typical.