Their compliance rate fluctuates between 60-75%, which is higher than just about any city in the country.Assuming it's a house with a basement apartment, then you're good to go.

This is what I wrote on BP on 7/27/2011:  Then you have issues like this, directly from a current appraisal that basically says there is no way to value the property: "The problem with the MC [sic] data presentation is that the subject's submarket is so small, wild fluctuations can appear from period to period...

Currency fluctuations. 

The expected rents in that area fluctuate a lot depending on which part of NE 18th you are on.  

When using a HELOC with a variable rate, when you take out a loan against your credit line, are you "locked in" to that rate for the entire amount you have to pay back on the amount of money you took out, OR do fluctuations in the prime rate also apply to money you've already taken out? 

Though there is fluctuation with move-ins and move-outs, it provides a steady stream of income and units are refilled on a regular basis. 

A heloc is a line of credit and will generally fluctuate in the upwards direction. 

With the market and rates fluctuating, how do you chose your exit strategy?

Maybe it won't be the same level of opportunity as 2010 because of the lending and fluctuations with interest rates, but there will be an opportunity nonetheless.

(Finding your niche is extremely important as a real estate agent.)If you have a large savings of cash that can sustain a few (to several) months of fluctuating revenue, then this might be a great time to relocate.Now, remaining in your current area has a drawback because of your desire to move, but I hope I've given you a couple of things to consider.I wish you all the best.