Hey @DeMonte Dinkins,If you find a depressed deal, or distressed seller, in a market you like long term then it's always a great time to buy.

@Zach Cummins I started by buying one rental in my neighborhood in 2010 when the market was depressed.  

In November 2009, depressed, like many here, ...a victim of the "real estate bubble" and the horrible economy (the "the dark days of 2008"!).

@Chris Munichiello determine what the increase has been over the past 10 years and use half that going forward to account for a depression.

But it's exterior and interior show the neglect to a depressing degree.

Both times we have seen massive devaluation on the stock market, unemplyment and a general feel of depression in the society, but real estate values improved significantly during these periods!

:(Doing these kinds of calculations just feels depressing.$200k Ford Pinto Value of a human life 1972 (1)$10M EPA Value of a human life 2016 (2)$3.4B CV Value of a human life March 24, 2020 (sadly most likely will go down quickly as more deaths occur)593 cv deaths 46k cases March 24 in us (3)Highest potential US death number I've seen is 1.7M. (4)What 1,000,000,000,000 (trillion T) looks like. 1st time I've ever used the T.1.7M deaths x$10M is = 17,000,000,000,000 ($17 trillion)$2 trillion proposed stimulus package (6)$21T 2019 us GDP (7)330M us citizens.52 million > 65 yrs olddeath rates.5% 15 to 65 (5)2.7% over 65 (5)$2T/$10M = 200,000 deaths saved?

I have seen at least 3 really bad recessions and I interviewed my grandparents who lived through the great depression for a history project. 

If the place you are buying is normally like $50-75k, then odds are even in a depressed market (if it is that) right now you won't see a major price drop.

They buy at a depressed value.