Obviously they are not responsible for any of the weather related damage; however, they had the power shut off and left spilt food all in the fridge/freezer, did not clean any bathrooms or kitchen, broke the built-in stereo system, left nails in every wall, paid nothing for the 14+ days after damage (we agreed to 50% of regular rent), the list goes on.

Many simply cannot weather the legislative storm you're proposing.

And the beautiful weather here today in the NW!

The newest todo weather no state income tax state.

New construction is hard to forecast performance.

In the event of a real correction, markets like Toronto (or Vancouver) will undoubtedly see a spike in mortgage delinquencies and defaults, but even a doubling or tripling of current levels would be <3% in a local market ... and I've yet to see any analysis forecasting such a jump....

I pretty regularly circle back and review my figures for prior deals to see if there are any tweaks I can make to improve the accuracy of my forecasted investment performance.I went back to the figures I’d prepared to calculate investment performance on this fully recently renovated duplex in Marietta, GA.

I personally don't like negative cash flow properties when occupied unless if you see massive appreciation within the next few years and if you have sufficent reserves to weather a storm if it comes.

@Paul ChoiYou are correct about still below pre-recession highs of $315k in Jun'06, and currently at 304k, and will pass towards 3rd Quarter (based upon my forecast). 

Times will be tough for sure but if you have that typical DD attitude, you'll weather the storm.