unless you had big unemployemnet like in 08 to 2010.. and you have folks who have bought homes in the last decade that actually qualified and are locked in at historic rates.. just because their market stops appreciated or retracts a little .. those folks don't sell they just ride it out.there is and will always be the US citizen that can't manage debt no matter the market.. gets divorced .. has bad health issues... dies intestate... so there are always deals.Each market cycle I have personally lived and invested through was unique  no two the same.And now with Foreigners grabbing a huge share of our investment properties for cash and hedge funds doing the same.. why would those folks cut and run especially the cash buyers.coming into 09 40% or more of all sales were for CASH... so cash buyers don't panic sell generally speaking.I do see certain markets leveling off the appreciation run up.. we are seeing that big time in Dallas right now the herd mentality of that market has cooled down a bunch.and here in Portlandia higher end is just holding to little move up.. but middle price range still moving up. 

3 days2 Metros12 Active flips projects7 Rentals 20 Short videos (starred by yours truly) 5 teams visted3 Flights2 Lyft ride Met lots of good people and friends1 little taste for you to see https://youtu.be/Bxi5KzR6FvY

There are a lot of great communities with vibrant downtowns that are an easy train ride from Philly for commuters. 

I had to ride one atty like a rented mule to keep him moving - I've peeled his cases off and assigned them to others.I'd take @William Joseph up on his offer to find a non-REI attorney. 

Don't confuse success by riding the wave that lifts all boats w/your SF rentals and confuse that w/expertise.  

Once people can dial up a car and then play with whatever the trending smart gadget is at the time while they commute, the appeal of being a 5 minute drive from everything won't be significantly better than being a 20 minute ride away.  

All the best and enjoy the ride!

(I still owe her 14k and 10k for a divorce loan I'm otherwise debt free)6 months later the house was hit by a hail storm and now I have a check for 20k and they will give me 20 more if I make any of the repairs none of which are necessary.

     I am using wheelhouse with some success, and they have lots of rules-based over-rides that help me tune my prices by season and weekend/weekday since their algo isn't all that sharp.  

Your first property is stressful enough without airplane rides, taxis, and snow removal.