@Brian Herald Welcome.We've got an interesting meeting soon, web link in my signature below.and another in Nashua, you can message me for that link to that Agenda.PS Weekly vacation rentals usually kill your weekends until you hit a critical mass, are you also looking at AirBnB?

Not criticizing, just curious.Oh, and to answer the question in your thread title: You should be nervous. 

Agreed, and timing is important, and understanding the likelihood of a correction occurring in one year, two years, five years, or 10 years, is critical to making decision relating to risk - such as how much of a spread is acceptable.

It's critical as an out of state investor to build a team that you trust to advise you.

http://www.businessinsider.com/i-work-in-silicon-valley-for-a-6-figure-income-and-i-dont-have-nearly-as-much-money-as-you-think-2015-9That's why I think is critical for people living in the bay area to learn and understand real estate investing and leverage their income qualification to invest and lower their taxes.  

This is a critical factor.

This is exactly why I posted this on BP so that I can get some constructive criticism.

This is why it's critical to do your proper due diligence.

I agree vetting the promoter is super critical here though.I still own rentals and will keep my A class California properties for cash flow and appreciation.

I have been a critic of Turnkey properties on Bigger Pockets, because I view these properties to be mediocre investments.