The question is are you able to survive the down turn up till the next up upturn.No I wouldn't buy in CA, where it's all about appreciation instead of cash flow right now.

@Melissa Harris Welcome to BP!

A few months ago I was in the coffee shop over there on Waterloo and they were talking about the director's influence on the Harry Potter movies.

I have a full time job and technically "dont need the money" to survive on at least.  

If you have one property, maybe you can survive. 

You must have savings and a life style that will survive the loss of all your investment money if things turn bad.

The only reason it took so long is that I still have to work to make a paycheck and survive. 

This all started out when we had some issues surviving 2008 and we converted the garage and the downstairs living room into 4 bedrooms to rent out which albeit illegal has gotten us this far. 

Then he can sell you the book or course on 'surviving the downturn"..

Originally posted by @Steve Mitchell:The lease requires tenant give 30 days notice and pay two months rent if he breaks the 24 months lease.Contract penalties aka "shotgun clauses" never survive in court.