SFH are valued based on emotion and sentiment not ROI.

It's just now, many of those properties I've scratched my head about the price, are coming back to market since the buyers are not able to make money (go figure) I agree with your sentiment and is why I have not purchased in 1.75 years but if I had purchased a year ago I would have got on average 11% appreciation and significant rent increases.  

That was more of a sentimental thought.

Most odds are, along with the sentiment of the city's mayor, is a professional football teams arrival.

My opinion probably doesn't matter to you, but just think of all your potential future customers who may read this thread and walk away with the same impression I have...I have to say I agree whole heartedly with Jay's sentiment. 

As a result, I believe the general sentiment of the market is that r/e is due for a correction in the very near future.What sort of drop should we expect?

I echo @Don Konipol sentiments on financial advisors.. either insurance folks or tied to their brokerages and cannot sell away...

The comment sections can also give you a decent gauge on how sentiment is for different areas.

@Jacqueline Basset  there is common theme that runs to investors after 08... appreciation is speculation and gambling its all about cash flow.. so these folks buying these are going in with the idea that the properties will never go up.. over time their tenant pays them off so now they are free and clear and they make positive cash flow yearly.. thats the premise and what this decade of investor sentiment is the prevailing thinking

I think it's not helpful to your piece of mind to think the other landowner will pay you nearly as much as he paid for the much larger portion just because you have "sentimentality" involved.