Realty Trac has been sound in my investment experience; however I'd caution you not to get lost in the data but focus on your personal strategy, I know people who made alot of money during the real estate dip, vice versa, I know people who have lost alot of money during this incline.

Thanks for your consideration,       Please Inbox me , if you are inclined to help.

If you are not planning on holding the departing residence for a minimum of 8-12 years as a rental which still might not be long enough to take a hit to the equity that's there and recover it fully (if it takes such a hit), then sell now and redeploy the equity into your new house (if you are so inclined) or invest it into any number of principle protected low or no load investments that can return at least as much as it will likely earn as equity...with no risk of loss of principal.  

Not necessarily in that order.Started late last year I started seeing less multiple offers and people are less inclined to fight all over some shacks and are more selective.

Also, my inclination is that a one moth security deposit for the existence of a dog is on the high side.

Mortgage is 30 yrs at 3.25%, full payment incl ins and taxes is about $2300/mo. 

If so, just send me a "colleague request" under "connect" and I'll send it.I'm from Canada so I'm not sure what FHA loans are like, but here, if you're self-employed, the bank is more inclined to give you a mortgage if the property makes its own money.

You can do this forever on every investment property if so inclined. 

Currently, given VA standards for the home, it's pretty hard for veterans to buy fixer-uppers and do the bootstrappey DIY thing that many of us would be naturally inclined towards doing if the VA would let us.

I would be inclined to ride it out but I would be clear that it is business as usual next month and that he needs to find a way to pay the full rent or move.