Inflatable damn...http://www.wideopencountry.com/houston-man-uses-massive-inflatable-dam-save-house/amp/

The desire is not quite as high as where I live so rent on the two one bedrooms might be a little inflated right now but after these leases are up if I had to drop the rent on the one bedrooms to fill them with good tenants I should still cashflow off from it.Thanks!

That said, sometimes personally I feel that I could use a change of pace.The prices that we are seeing are inflated compared to past expectations. 

Anything can happen and my take was last crash was unique in that BS financing inflated prices vs organic demand.

The threshold amount for a tax year is $500,000 for married individuals filing jointly, and $250,000 for other individuals, with both amounts indexed for inflation.

Also I'm guessing your "ARV" number is inflated also, as usual with TK.

Below are the graphs for housing prices on the left, and inflation adjusted housing prices on the right. 

There is an awful lot of risk buying these 100k houses in war zones that I see going on.I assumed 2% appreciation to track expected inflation because that's what houses have averaged forever here. 

They always inflate the sales price and under-budget the renovation budget. 

I see a lot of inflated ARVs and you could argue soft rehab budgets (hard to say since everyone rehabs to different levels and some may hire a GC versus GC themselves - all of which makes a difference in your cost).