I fared well luckily, did not sustain any damage personally.

Just drive by and it doesn't look all that bad. 

.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying    jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg    Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.

Quote from @Jordan Ray: Quote from @Jamie Parker: This past weekend I was driving with my mom and daughter looking at properties in the Memphis Area.

Second, single family homes as rental investments are not generally sustainable in Sacramento, as you've quickly learned.

In contrast, Chicago’s prime location drives higher rental rates compared to many other cities in the Midwest, which can significantly impact your return on investment.

The rental insurance doesn’t protect you in this example, driving a car is the most risky thing we all do. 

Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.

LOTS of rentals there it seems.El Paso is about a 12hr drive for me from Dallas. 

However; investors also bear a responsibility to sufficiently investigate the contemplated investment, to assess whether the investment is appropriate for them, and to know or learn enough about personal finance to evaluate whether or not they are able to sustain a loss without undo strain.