If you are purchasing in SF proper or strong markets in the Peninsula/South Bay you should be fine as long as you can afford to ride out any roller coaster.

@Jennifer Jackson Sounds like you already lived through one real estate roller coaster!

Good luck on this roller coaster!

I am already over the shock and looking at the bright side of an early removal for a bad tenant, but what a roller coaster day after we were so excited about our first rental property!

That proved to be a harrowing roller coaster of a ride, but we prevailed thanks to some unconventional financing and an unexpected card (we didn't even know we had) up our sleeve when our former landlord's son tried to pull the rug out from under us.

We will be in a state of perpetual roller coaster highs and lows that American has never experienced before.

Make your money when you can because it can be a roller coaster.

Also, this part of the country in general (the northeast) isn't really where the growth has been or seems like it will be soon.I think the near term price trends are good so if you know the area and already own something here I'd say you would probably do well if you continue buying, but I'd also recommend keeping a close eye on the market, especially starting about 3 years from now (at years 3, 4 and 5).In particular pay attention to when prices seem high (sellers are still commanding higher prices) but days on market are increasing (they are taking longer to get those high prices) - it's like when the roller coaster starts to slow down at the top of the hill.We are shortening our time horizon for new acquisitions from planning 10 years out to thinking more like 5 at this point, just based on where things seem to be in the market cycle, and I suspect in ~3 years we'll be looking to sell under-performing assets.

Now that the market has recovered, I'm seriously considering 1031 exchanging those Antelope Valley properties to more expensive and stable markets closer to me so I don't need to ride the roller coaster back down, though I'll be fine either way.

I am always open to new ideas.Stock trading has been a roller coaster for me.