Lot's of people seem to be predicting a market slow down sometime soon in the Bay Area, so take that into consideration!

would definitely not look at a forum to get your crash predictions...people are generally pretty clueless and will post nonsense if its free to post.

I wholeheartedly agree with the idea that your success can be predicted based on the company you keep.  

No one can predict a crash is coming, but I can 100% guarantee you a correction will be coming.

I have it under contract for $92k, the combined rent is $1980, so all told, I'm predicting at least $500 a month in cash flow.

I have it under contract for $92k, the combined rent is $1980, so all told, I'm predicting at least $500 a month in cash flow.

First, that investor telling you of a minimum IRR doesn't have a clue, IRR is rather irrelevant especially to predict, no one really knows what the IRR will be until the future.If you're going to look at the IRR, that 5K isn't your total investment, it's an additional 5K you put in to restructure your financing. 

Zillow's prediction was right, Dallas has been a big gainer.Case-Schiller: Dallas home prices at all-time highhttp://www.dallasnews.com/business/homes/2016/10/2...

Its more predictable that "cash flow" which can be wiped out with one unexpected capital expenditure.

The area is good and values are predicted to rise.