So far it seems to be working in our favor - I hope it continues to do so! 

What we are seeing is a massive increase in the number of properties for sale which has resulted in more competition between sellers and more of a balanced market than we've seen in a long time.If we continue to have a high number of properties for sale and a shortage of active and able buyer's then we should have some really solid buying opportunities even if the overall market doesn't drop. 

My wife and I continued to live in our rental property from April-June, one the tenants moved out we moved in.

If the property can be sold with conventional financing I am on the other side of things (and the minority) they seller financing is a bad idea due to the risk and the returns especially when considering tax ramifications The idea behind it would be that I sell using seller financing to continue to cash flow each month at a high effective rate with the amortization schedule and put a balloon after 7 years so that I can collect the full amount once the effective rate in the amortization schedule starts to balance out and not be so lucrative in my favor.I’d love to hear more of your opinion on that idea! 

The main tenant continued to pay rent, and we failed to really do a proactive follow-up for the next couple of months.In June, we decided to check into the situation prompted by a call from a very concerned neighbor who is familiar with all the trouble the main tenant causes.

Rates continue to climb! 

If next month continues this trend, our outlook remains positive.

I will continue to buy in CO due to the overwhelming positive factors that come with owning homes in CO; Appreciation, strong demand, location preferences, long term trends of CO housing market and strong rent increases.

You could easily be one of the lucky ones whose tenants obliviously continue life as before, but the risk is terrible.

I continued to shop and had more time to look for other options.