Water is an anomaly when it comes to liquids, in that it expands rather than contracts when it freezes.

  @Dennis WeberThis is a GREAT example of what 2 of my Colleagues post about quite frequently on B.P.It's called an "ANOMALY"   Thanks @Rick H.

I've seen a few people argue that you can get a 20% return YoY in real estate, which is certainly possible at the moment, but do the extra analysis; the S&P over the last five years has had an annualized return of 12.5% (with zero added work, I might add), once you add in your extra 25% investment, that's looking pretty good.And yes, the current returns are an anomaly, but that same anomaly exists in real estate at the moment.

There are anomalies but ehhhhhh lol

Irvine takes the record for being the largest anomaly with new home sales in their city alone beating the rest of the county.

Based on my experience, Palm Springs has a large seasonal population and is kind of an anomaly when compared to other areas of California.

The November anomaly you spoke of - was that retail sales to owner occupants?

We've got an established rental in Rockledge and just bought an owner-occupied in Windover Farms, and working to buy a rental property over in Clearwater (but that location is an anomaly).  

Carolina Place is an anomaly driven by passion for the area and investors are selling with ARVs of $160+ psf because of it.  

This will let you see anomalies in your expenses, if something is higher one month, it can trigger you to investigate for a problem.Also set up transaction reports so that it is easy to create lists of expenses and income per property at the end of the year when preparing to do your taxes, or send to your accountant.As I said at the beginning, starting now and getting organized will save you a lot of time and possibly money in the future.