OR maybe they won't cap at all ... no one has a crystal ball.Cashflow tends to be higher in some of these "newer" markets, but the risk profile is a totally different ballgame - higher risk, higher return, but possibility that new regulation hurts your exit options and causes a lot of headaches.

If you have a crystal ball to advise us all as to when the dynamics in the marketplace will shift, and how, I would sure like a little help.

I didn't understand at the time but now it is crystal clear.So come 2008 I see my retirement accounts get wiped out but I was sitting on some liquid cash, ton's of equity in my home and 820 credit.

No one has a crystal ball so saying only things that are profitable are assets is nonsensical.

Also, if you contact a Realtor as an investor, please use Brandon’s “crystal clear criteria “ so we know what you want and can let you know if it’s possible.

Hi Crystal,Yes you are right.... of the the properties that I saw and liked, one was a 2 flat for around 190K (newly renovated) and the others were 3 flats for about  250K -300K( new renovation).Thank you everyone for the info/advice. 

I do not have a crystal ball, but I think the Reno market remains a seller's market for a while, however interest rate pressures have absolutely had an impact in cooling things down. 

Isaacs:@Crystal Smith - see my article about military tenants here.Thanks for the link to your article. 

I don't let conditions determine my future...my decisions determine my future.I don't have a crystal ball; so, I invest throughout the cycle. 

In the other camp you pay as you go don’t scale up fast.So, if shi… hits the fan the highly leveraged person could be forced to sale at the worst time when the market went down sharply.The person who owns most of their properties they just set and watch numbers go down no panic wait it out.Some markets are really at a tipping point but the crystal ball can never tell us when the markets are going down, we just look for signs of past down turns, yes history can and does repeat itself.The number of doors I have/manage is small all are paid for but one all are worth around 1.6 .I use a heloc for reserves that would be 50k ,I just blew through money remodeling my personal house still on going !!