I've certainly heard about rents declining in SF and the crazy multiple offers not happening as much, but in most of the desirable areas I'm looking at in the East Bay things are still pretty hot. 

I even had to politely decline one pregnant girl.

If they are correct in their assessment that the shares are at their highest price then you could see your value decline and lose money if you sold.

Buying them while the market is still sky rocketing and that rocket is just getting started is great, but buying after a few years of unsustainable growth at what could end up becoming the beginning of the next decline, would tear into my net worth hard and fast.

As an MSA Cleveland is comparable to Columbus, but on a city level there is no comparison between Columbus and Cleveland...I would suspect that any tax increases directly impacting Cleveland city would be in alignment with what's tolerable and possible- which isn't much...unfortunately, they have had a steadily declining population for 40-years....it's just the way of a declining city.

. - Current population growing or declining?

However, Total Sold has two straight years of decline, while Avg DOM rose for the first time since hitting a high in 2012.

Or if there is a sense of a declining rental market, you're going to lose money even at a 10 cap if rents go down.What cities are you specifically looking at?

If not the state DOT (department of transportation) usually has a site with traffic counts year over year to see if growing, stagnant, or declining.

We get request all the time to manage homes in 38127, but decline.