Connect with @Remington Lyman in Columbus  BTW STOP reading books, there not reality 

But in reality that's not what the property can get in the future...

Anyone that says you can perfectly protect 99% of your wealth is giving you a sales pitch and reality is going to be different. 

In reality your loss is probably closer to $600 -$700.

I’m also happy to make an introduction to the chicago realtor I use for my investments there, Ali Bakir, I almost have $10K in free cashflow on my triplex there now.PatTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

His estimate was $1400 to fix a leaky sink, unclog a drain, and replace a faucet!

As you mention, this has been priced into the markets for some time, and the reality is those who buy MBS's and invest in mortgages compete against the 10 year treasury bill.

Sometimes a good conversation can spark the best ideas.Pat / JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

The reality is you can make it work anywhere, you just need to understand the market and the numbers.  

I know we're not supposed to talk politics, but the reality is, it's politicians that set the policies that affect real estate and construction, so it is relevant.