Yes, I know that in 10 years the houses will be worth more and will cashflow more, but that can apply to almost any investment, especially since the FED only knows how to print money. 

Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.

Im located in Grass Valley, CA

Louis Fed (stlouisfed.org)Federal Funds Rates: Federal Funds Effective Rate (FEDFUNDS) | FRED | St.

I think around the time of the next presidential election cycle, you will see a steep decline in interest rates to get back to the Fed's goal of 2% per year.

However, it looks like to the left it connects to another room (maybe the living or dining room) if so, I would see if it was load bearing and maybe take down that wall and make it a little more open, probably put an island where that is.For the outside, it mostly looks like it needs a new paint job, fresh grass, and some pressure washing. 

Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.

The grass isn't too overgrown, but we are just coming out of a harsh winter here and there are a lot of deer. 

The Fed does NOT seem inclined to reduce them, and all the people saying they'll come down have absolutely no idea when that will actually happen.If, however, you can afford to make the payment indefinitely, then now is a great time to buy because should rates come down, you'll be the only one refinancing that property, instead of being in a bidding war with others who were also waiting for rates to drop.

While I'm still new to the real estate, part of me is thinking the Fed may begin to slowly lower rates in the next few months.