Amit I agree Rent did not drop much .. but that was the only time rents dropped as you can see in the chart .

This is precisely the kind of answer I was hoping for.

According to his chart, A Class was affected very little, B Class took about a 5% hit, and C class took about a 10% hit.  

If you are looking for more precise data based on Federal Government census from state to state city to city, I have found green street advisors (greenstreetadvisors.com) to be extremely helpful.

Investors putting 30%-35% down on a property is precisely what the Federal Reserve wants - to slow the velocity of capital. 

I've posted this chart before, but I think it helps with your question.

The long-term returns are similar if you look back in time at the charts and graphs.

You want a gant chart with per line item break-downs of ever last material item and labor second, ok, that can be done, AT CHARGE.

I used to really chart these 4 benefits and it caused me to write a complete chapter on 2 of the 4, C&D.I also learned a couple other things: Your home is about the only thing you get to declare interest paid and about the ONLY place you can avoid capital gains every couple years and make a killing...Good luck digesting the above.

I do not know any other market besides Midwest, Kansas City MO, to be precise.