But, I just thought that I would have had some movement on this unit by now.

but if you can get in the game in the Bay Area and if your like those that all chim in on BP I am buy and hold for ever... where do you want to do that.. in a market with history is no movement or in a market with a history of wild upward swings over time.

@Mindy Jensen and @Brandon Turner - Gentle nudge to continue looking into this option :)

I mean this in a gentle way, but prop mgmt might not be for you.

By raising or lowering short-term interest rates, monetary policy affects the housing market, and in turn the overall economy, directly or indirectly through the effects of interest rates on 1) the user cost of capital, 2) expectations of future house-price movements, 3) housing supply, 4) standard wealth effects from house prices, 5) balance sheet, credit-channel effects on consumer spending, and 6) balance sheet, credit-channel effects on housing demand.If a bear market emerges, then we should expect home devaluation nationally of 20% to 30% or more in markets overvalued relative to wages and rents.

If you haven't yet, look into the FIRE movement (financial independence, retire early). 

I gently disagree.

The greater Chicago market, while seeing movement, is still saturated with product and sales take time.

If it is just one person being stupid I will gently subdue them.

@Chris Skala When investing in a self-directed IRA you have a 3rd party intermediary handle the actual cash payments and movement of money between vendors, tenants and any other needs that arise.