@Courtney M.I along with most others believe we'll have more appreciation before the inevitable plateau or correction or possibly recession (less likely it appears)..  

A glut of new apartments washing over the city has quickly turned the tables as vacancy rates hit their highest levels since the recession, led by downtown Seattle, where one-fourth of all apartments are now sitting empty.Landlords who are increasingly hard-pressed to fill their open apartments are offering deals like a free month’s rent, lucrative gift cards and even free electronics."

People are seeking out places where they can get yield and cash flow.Before places like Phoenix and Atlanta used to be hot rental markets but now it seems people are buying more in places like Cleveland , Indianapolis , Kansas City , Birmingham,AL.etc The other markets are still hot even though people might not be able to cash flow well because the general economy is doing well , unemployment is half or less than it was during the recession in many of these places and people want to live in those places .

And about the interest rates they are at 5%, chances of them dipping back to recession levels are pretty low.Yes, -$100 is not as bad as $1000 (if you’re gaining apprecition) but you’re forgetting a huge chunk of your monthly mortgage is actually interest.

We held on through the last recession and learned many lessons.

Especially these days where SS appliances are the same price, there’s no microwave and appears to be no room for one, all doors are flat panel, for a few dollars I would have liked to see them switched out for 6 panel doors, there’s no recessed lighting in the house which is essential IMO when trying to sell a remodeled house, there seems to be wood paneling in the house that was painted over, the bathroom is very bland, and perhaps one of the most important things I noticed is the paint job, there is absolutely no appeal, no color, no anything.

Can somebody confirm during recession quads went from fully occupied  to no occupancy. 

Very few San Diego OOS investors started prior to the Great Recession.  

In my area in the Great Recession larger homes did take a down turn in rental rates and some other less populated areas for sure has to slash there rentals rates.

The marketplace model still is quite awful and it seems unsustainable, especially if we get a nice recession at some point.