If the market crashes wouldn't these be the areas hit the hardest? 

It will compound to a nice little safety cushion later on in life if RE suddenly crashes when you decide to retire

But at one point after the crash, I couldn't even get a 2nd conventional loan even though I had a long track record of investing.

Hi, I am relatively new to Real estate investing and am looking into which markets would be good for single family homes or multi units on the west coast. I am in the bay area currently but I wouldn't mind even going ...

Is a market crash coming in that area?

Estevan has had very high rental vacancies since oil crashed in 14/15, it’s a small market & their economy is mainly driven by oil, gas & coal.A friend of mine has a couple of apartment buildings in Estevan & said they have had approx 15-20% vacancy for the past 5 years.

Land value decreased significantly after crash in 2008. purchased a 10 acres lot in 2005 and lost its value. just sold it 4 months ago.

Here is a document that shows the high level price increase trends going into value reassessments for 2021: https://fiscalofficer.cuyahoga...It's worth noting that the areas that have the largest increases were also the areas that were generally hit the hardest in the real estate value crash 10+ years ago (e.g., Cleveland, Euclid, Garfield Heights, etc.), so it makes sense that they are basically still in more of a catch-up mode than some of the areas that saw very little decrease in value in the crash (e.g., Solon, Westlake, etc.).

Underwriting is a crash course in understanding the intricacies of real estate.#29+++The best spreadsheet to useA lot of aspiring underwriters ask me about the best spreadsheet to use.My suggestion: using a spreadsheet as an underwriter is like using a hammer as a contractor.

If/when there's a "crash, recession, etc." prices will drop... that's part of the definition of a crash/recession.