For example, the areas economically influenced by NYC commuters: Westchester, Rockland, Dutchess, Putnam behave very differently than areas influenced by NY State employees from Albany, or farmers from (not sure?).

When rates are high taking out more leverage starts to create a lot more operational risk.There’s been a good discussion of house quality in the thread, but it has largely related to portfolio management over time, not the type of economic market.

I’ve met with founder of tax & title service several times and convinced that the appetite for risk is based on economics of risk and return.

I am in Economic hardship the work shop people tell me I can make wholesale deals and get out of this money hole I am, but a realtor friend I have known for 40 years and knows that I have no money, tells me to get a 5 day a week job rather than 3 day a week as my current work schedule is.

More economical purchase prices in Grover Beach and Oceano, but also less revenue, and also not sure about the regs. 

A high quality SFR in Austin will pay dividends in the long-run, and don't invest for anything but that. 5-6 years is too little, but if you are to expose yourself to that I would still take Austin.Those deep parts of SW FL are cyclical with retirement up & downs on economic recessions.

I know it's been somewhat economically depressed, but I see some attractive properties for sale would love to hear from anyone that has invested in that area before.

These "investments" were pure speculation driven by a set of economic conditions which no longer exist.

Employment/Economic Diversity/Demand DriversNow if you can buy a house let's say 4-5 bedroom and have your kid live in one for 4-5 years and is the kind of kid who is responsible and a hard worker and a good networker and can keep the bedrooms rented for the next 4-5 years, there certainly could be an opportunity there.

The rent control advocates, having zero understanding of economics, blames greedy landlords without realizing the rent control has increased risks.My properties are in a very desirable area that is very constrained.