@Travis Lawrence, he is giving you standard advice for all realtors, especially in this hot market. 

My capex budget includes roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

The hot topic seems to be when the recession is going to hit and this has been going for a few years now... 

I had the hot water heater gas regulator go out on me ($100 item off Amazon), the Furnace died ($846), and there was a gas leak on the side yard (city's responsibility luckily).

I had the hot water heater gas regulator go out on me ($100 item off Amazon), the Furnace died ($846), and there was a gas leak on the side yard (city's responsibility luckily).

New affordable housing is a hot button in a lot of areas, and so is the increased tax base.

You can also take advantage of this time and be able to BUY real estate at a low with all of this turmoil in the air!

Some of the hot communities are restricting business and travel. 

In a hot market buyers just overpay because the risk of waiting, as prices rise, is greater than overpaying a bit for a home, esp if you plan to stay in that home for a long time. 

I lost a month of vacancy in very hot market.