A number of people seem to assume that we are heading for a recession and that home prices will fall.

Your parents just might fall over, but you will gain their respect and they will treat you more like an adult.

But if large scale unemployment comes to fruition and they can't get reemployed at similiar wages, I expect many to fall into trouble.

Also in this scenario, you theoretically risk closing on one property and having the other deal fall apart (say to appraisal or title issues), so I would want my attorney ensure that both deals are tied together contractually if I went that direction.Probably a wise idea to consult with a title/closing attorney, if you go ahead and pull title this should shed light on things and direct you towards the correct coarse of action.

Our original numbers were as follows.Original Numbers-$309K Purchase Price at 4.875% 30 year fixed-$278K Loan Amount-$43K Initial Investment-$15.7K Annual cash flow or 38% CoC (15.7K/43K)My partner was able to lock in a killer interest rate a couple of weeks ago when the rates dipped and rolled in a few thousand into the loan amount here's where the numbers fall in that scenario. 

What I'm left with is about 70% that could get sick, get put out of work or fall victim to some of the financial distress we're all going to face over this thing. 

Hi Kevin,If it follows the same pattern as the last downturn, house prices will fall, people will Section 8 more homes, and more Section 8 will move from California to Las Vegas bringing an increase in violent crime with it.If that happens, expect another very large permanent increase in the violent crime rate.Good Luck!

Had 1 escrow fall apart and over bid on others that just went nowhere. 

The typical home UST ranges from 250 or 500 gallons which tends to fall below the regulatory threshold.

The main home could rent out for around 4k on average and command as much as 5-6k during peak summer/fall.