Last item: Look at the underwriting a market correction is on the Horizon or even worse let's say your budget for one and there is not you then probably have a home run deal.

That said - I'm wondering what the opinions are on the two territories - both mature markets, no real new major SFR development on the horizon. 

Maybe not to the effect of 2007-2008 financial crisis, but I see another recession on the horizon.

I'm hoping 10 years is a long enough time horizon to make us both happy! 

Big plans are underway and more are on the horizon, they said.The Vallejo/San Francisco ferry run represents nearly half the area’s annual ridership, Vallejo Economic Development Director Ron Gerber said.

Define your time horizon.

Otherwise homeowner is facing " baloon paymkent" at maturity - disaster waiting to happen........ or as some would call it " a ticking bomb"atargetOK, in general it does help to read and understand what other people write.Again, an interest only loan can be serviced as if it is a repayment loan with the FREE option of not having to make the principal part of the payment.On a 30 year time horizon there is almost a ZERO% chance of home values being lower than today.

I don't fault the banks for wanting to unload in bulk and I don't fault the investment companies for making a profit but I see a real problem developing on the horizon from this.

And if it goes really badly remember that student loans can't even be discharged in bankruptcy.You have a very long time horizon to invest (assuming you are of the normal 'just married' age).

Do you currently have any investments or deals on the horizon?