I think if you are going to invest long distance, I don't think many people are picking Northern Colorado unless they are the try to predict appreciation type.

I predicted market in Moscow 15 years ago correctly and had great returns since then, but now it's flat for the last 5 years, time to move on. 

I predict that ur property is worth ****** becouse I need 50% of the income for repairs and expenses" I mean, to me, it sound more fair to come up with a price that is calculated right now, not with a 50% marginal, I don't see how I can get a true price on the building that way... u get what I mean ?

Sorry was slightly off on my prediction.

Social security is putting out more in 2010 than it takes in - YEARS AHEAD OF GOVERNMENT PREDICTIONS!

Everyone moves in, I get $1000 a month for a couple of months, then mom and the girlfriend predictably move out, supposedly out of state.

It is the 2% rule that is only applicable to a narrow range of purchase price; the 50% rule is used for predicting the approximate long term expenses of the rental property for just about all types and sizes of rental property.

There were serious posts here on BP 4 years ago when the Dow was flirting with 6k that predicted the stock market would go to zero!

The nice thing about it is that it takes the big, irregular costs i.e. roof, and transforms them into a much more predictable monthly fee.Also condos tend to rent for a higher % of the sales price than do houses and are more affordable.

I expect them to be slightly higher in a year, although I cannot predict the path to get there (1 month, 3 month, 6, month etc.).