I've seen my loved ones work into their late 60s just to then have health problems and not be able to do all the things they wanted to do in retirement.

She is still in good health, and she earns enough pay to pay about $400.00 per month in rent.  

If rents dropped $50 a month because of an economic downturn, you would suddenly find yourself going negative on cash flow on this particular property.

It should overall outperform throughout an economic winter, however.

She also says she has more rights under this program now because of her age and health problems.

Also, w 2020 being a re-election year...don't you think some economic heroism doesn't bode well for Trump!!!

I always stress test my investments to predict whether they can weather an economic storm.At the end of the day, this might be an indicator, but it also might not.

Seeing as you are in Cali I would strongly recommend checking on the economic conditions surrounding the property.

This type of estimate will work for some types of houses, at some time of the year, at certain points in the economic cycle, in some locations, using some types of materials, some types of contractors, with a certain level of negotiating skill on your part.Long story short, unless you're comfortable going back to the seller after doing a detailed analysis and telling them that you were way off in your estimate, I wouldn't use this method.Instead of trying to estimate a rehab in less than one minute, I would recommend learning a more detailed methodology, and spend 10 to 15 minutes getting a much more accurate estimate.Just my $.02...

Housing, along with climate change, is one of the primary issues in the spotlight and "big brother" is working really hard to make it look like they know how to fix it and pedaling a bunch of ludicrous ideas that sound good to those who have no understanding of large scale economics and real estate, but in reality are only going to make things more convoluted.