The property taxes in Oak Park are both crazy high and unpredictable.

Do you like a more set rate of return or are you ok with unpredictability and a bit more risk?

Yea of course I dont want to lose my shirt and I am trying to be very conservative, but didn't know if typically snowball most of their 1st property cash flow and try to get the 2nd, 3rd etc before some of those big capex items come to fruitionThe property has a brand new Water tank, brand new furnace, and roof is about 5 years old - so knock on wood nothing from those happens in the near future - of course unpredictable things can happen and maybe best to keep liquidity 

But it's a boom or bust town, so things will go down again, and perhaps later you can't even rent it for $150 cash flow.Too me, it all sounds too unpredictable and scary, but maybe you have a higher risk tolerance than I do. 

Right now, I am getting a good return on the investment and the market is too unpredictable for the 5 year future. 

I can assure you that the prices have behaved in an unpredictable way and despite all the damage, the city has recovered quickly.

If we're talking purely private lenders in the sense that you're seeking individuals to lend out their own money then the rates are going to a bit more unpredictable, it's up to that individual!

I'm looking to rent because several people I trust have told me that they wouldn't touch the housing market in Texas with a 10 foot pole right now due to the high prices and the flood of people relocating to the state making the future unpredictable.

(Half double)So this issue that concerns me is then unpredictable severe weather that can make a major impact on oil usage.

It could be a little while before I can make it, my job is freelance writing and my schedule can be unpredictable.