But I won't worry to much about 1/8 -- rates can fluctuate date to day.

There will always be pricing fluctuations.

You average over 2 years if fluctuating.  

Some get myopic on the issue of debt and fail to realize that economic growth is via debt - - Everyone's heard of the Stock Market, but a large majority only see the speculative aspect and don't realize that the face PAR VALUE goes directly to the company who issued the certificate.Class B stock has real equity in the company, whereas Class A does not and can be wiped out by market fluctuations.

If you buy it right, you will have plenty of margin of safety to insulate you from and even opportunitsticly take advantage of short term market fluctuations.

- one month of random home value fluctuations is going to be more than $500, meaning it is within the margin of error where random chance means far more than what is being negotiated over, meaning it is statistically equal to zero dollars.Deals cannot be allowed to fall apart over statically zero dollars. 

I'll be in Nebraska area, I know the prices don't fluctuate much.

I want to be able to weather big income fluctuations, and be able to have additional income to continue investing in rentals.

Ultimately, you want to know the average rate, average occupied notes, and the fluctuation..

Appreciation is the icing on the cake and luckily rent doesn't fluctuate like housing values.