starter rent in any city = the least stable.. the lower rents are generally were the properties are cheaper.. so just a rule of thumb not a law or anything.Also the 2% rule and the other rules were born here on BP out of the Great recession and are not germane anymore in most markets that are rebounding and recovering.. you have a new set of investors who started after 2009 who don't have a perspective other than the screaming deals they got in 09 to 2011   which are not reality today and may never be again at least until the next Global financial crisis.

Hawaii is rebounding pretty well from the crash in 2008.

I am seeking guidance (and funding) for a very unique opportunity in an undervalued condo community in Lithonia, GA. Normally, I wouldn't be interested in this, but I am for 3 very good reasons. The first reason is th...

Rust belt ,, rural upper mid west etc etc.Very difficult in the markets that have rebounded.. 

SPENT MOST OF MY LIFE IN THE ARMY (DECORATED COMBAT NURSE, PLATOON NCO PLUS) NOW A 100% DISABLED COMBAT VETERAN, REBOUNDING FROM A FINANCIAL SET BACK.

Outside of that, still trying to work out long term effects.I could potentially wait longer to see if the currency rebounds but opinion seems to be that with less immigration, along with changes so landlords can no longer write off mortgage interest, prices will drop.There's been some Vancouver BP meets, organized by @Matthew Jarvis  so try and get yourself along if you can!

@Jorge J.  100% regionlized there are markets that are as strong or stronger than the market prior to the meltdown.Other markets have not recovered at all and may never.just depends on where you want to go.when you say vacation and your on the east coast that leads one to think Carolinas down to Florida.Florida and rebounded nicely from what i have seen

While its nice to think that someday they may be worth $200k again, condo values haven't rebounded the same as SFR values and there is no guarantee they will. 

How did you rebound from poor financial decision making?

If the CDN dollar rebounds then it will throw off returns, and I'm not sure if property prices will appreciate as much as BC (perhaps Seattle will be close?).