Once I did, I compiled a spreadsheet with the following metrics, over both a short term (2012-2017) and long term (2005-2017) for every MSA with a population above 100,000:Population GrowthMedian Household Income GrowthJob GrowthNew Unit ConstructionSupply (as measured by persons per unit)Median Rent GrowthI also found each MSA's volatility as measured by its standard deviation of growth, and including other pertinent metrics, like industry diversity and education attainment numbers.You message me your email, so I'm going to send you the spreadsheet later today.

I am happy to talk shop, but overall – out of town investors are overpaying there.As the stock market remains volatile, I will always remain bullish on real estate – specifically AZ!

However, you would have to be able to handle the inherent volatility that comes from investing in stocks. 

(A 30 year conventional mortgage is supposedly once again approaching 7%ish..)Those are volatile moves for a mortgage market that can effect buyer(s) purchasing power and obligation significantly. 

That's great that you've been successful with Air BnB but I agree it would be a great idea to diversify because the Air Bnb strategy is not only one of the most work to manage but also volatile in terms of potential changes to legislation. 

Having back up plans in case of short-term losses or volatility can help you make sure that your investments are secure and profitable in the long run.

Cash out rates from different lenders can be very volatile.

I appreciate your feedback and understand the current rate situation is a little volatile.

I have a decent set of cost data from those builds, but all the material and labor cost inflation/volatility of the last two years make it an imperfect calculation for price checking my GC's latest bid for the townhomes.

Most commercial/asset based lenders who offer cash out refinances with short seasoning requirements (less than 6 mos) have suspended operations and/or slashed LTV/raised rates in light of market volatility.