I guess on a basic level but historically interest rates have little effect on housing demand and I don’t see if dipping much as rates rises.

@Lucien PerreaultNo offense to @Jeff Bridges but I would not invest in RE if I was only expecting an 18% return and historically in San Diego for financed buy and hold the return has been significantly greater than 18%. 

Shepherd is a historical town with lots of old buildings and such that have been restored and they get a lot of tourism because of it.

Historically this has proved very reliable long term but especially the property prices have experienced short periods of depreciation (virtually always less than 5 years) and longer periods of stagnation.I make no claim as to continuing property appreciation as I could make a decent case for the RE market entering a period of stagnation, the market continuing to appreciate, or the market to depreciate some.However, I am still confident of rent appreciation in my purchase area (San Diego) for at least the next few years: 1) rents lag property appreciation. 2) vacancy rate is real low. 3) cost to add more than ADU is high - it costs around $100K to break ground for residential in San Diego (permits, surveys, etc.). 4) Minimum wage increases already approved. 5) one of the best weather climates in the US. 6) rising population: one recent study had San Diego as 13 highest population increase of large US cities. 7) geographically constrained: Constrained by Mexico to the South, Pacific to the West, Camp Pendleton to the North, and the East quickly gets harsh. 8) good and varied employment: Hard to imagine an employment category melt down that could impact the range of employment in San Diego. 9) environmentally diverse from mountains to desert to beach to happening urban center.Last weekend I sent out 2 rent increase notices.

However, Providence is historically fast on the decline but slow on the incline so with where we are in the market cycle, be careful of investing in areas with the ratio that seem too good to be true because they are typically the first ones to fall and last to get back up. 

Best home sales prices are historically in June.

I only ask that because my money is in the market currently and has been receiving that over a historical 10 year period with last year actually being a 20 percent return.

Historical data show us that new peak is always higher than the previous peaks.

Sycamore Court: Is similar to Cedar House in specification and size but is let on an historic rent of £350 per square metre.

Some of the turnkeys will score very poorly historically vs what is presented on paper so it is worth doing this beforehand.