DO NOT do crash diets!

The point break was almost reached but we didnt crash and took the wave as it went and closed on 31 august with a tenant entering the premises on 1 september. 

So you're in a big crash is coming bandwagon?

It sounds like getting a crash course in screening and placing tenants, managing rent collections, and getting rid a problems could prove to be a costly education for you.

Quote from @Jonathan Soto: cash flow would be tight but you have a great rate. might be best to sell and cash in the tax free capital gains if you qualify and reinvest the money to make more money.Definitely qualify for tax free capital gains, which is why it’s been soooo tempting to just sell haha but I also know that they’re developing a lot of nearby areas and more and more luxury stores are starting to pop up in the woodlands, which is 5-10min away, so I feel like this home could appreciate so much more in the coming years (probably lol but recognize everything could crash too)  

When is the next market crash, and should I buy now or time the market?

@Ellie NarieThis is usually where out-of-state investors will crash and burn is by trying to self-manage a rental and save money.

Many anticipated a downturn or even a crash due to factors like rising interest rates and global economic pressures.

It was easy to buy a cashflowing rental because rents weren't really affected by the falling real estate market.Now, investors must spend a lot more time looking for "deals" and make a lot of low-ball offers to buy at prices that result in cashflow.Reminds us of the market BEFORE 2008 market crash.

I'd suggest reading up on the topic on the forums, where you'll find many examples of inexperienced investors crashing and burning hard trying to do out of state (OOS) REI...the story is usually the same--they had no experience with REI, they couldn't find any cashflowing properties locally, but they saw that properties in other states (often the Midwest) cashflowed well on paper.