The market has softened a little for the winter so your best price would be over the next 2-3 months before the spring market heats up again.It is a really fantastic way to build a buy and hold portfolio by getting a new primary residence every 1-2 years. 

I think this may soften prices for bldgs that will need seismic work, at least in SF.

I will add that the rental prices of condos tend to be more similar to multi-family housing than SFH and in the greater Phoenix MSA a lot of new multi-family units have been built in the past couple years with more on the way, so rents have softened.

Here are a few considerations:Market Trends: The local market shows signs of softening with more homes for sale/rent and lower rent prices.Future Cash Flow: With expected rent reductions, my cash flow could drop to $950/month.Alternative Investments: I haven’t found any local deals that generate positive cash flow.

That may not happen until the market softens, but that is ok because you would buy low without selling low first and if it doesn't soften you already own a property that benefits.

I don't think I will ever fully retire but I plan to be doing less active work in the future, i.e. not focusing on writing new loans and not flipping.I am lucky that I can easily handle a down turn and be just fine if things soften even for an extended time but I still hope that doesn't happen.

If possible a water softener would be ideal.

Howdy Chitown,On my rentals I've used $250 windows, they work just fine. White vinyl, they are never used.   Now, I need some higher end windows.  I have installers that can do them for $100 a pop.  Is it worth the ti...

However, even though the market is starting to soften a bit now, local investors, turnkey companies and flippers have started accepting smaller in smaller margins. 

Yes, it has softened lately, but outside of some niches (condos) I’d not call the US housing market a buyer’s market.