Bump . . . .This video is so funny, it always makes me laugh.With all the stress and headaches we deal with, a good laugh is a healthy necessity.

Failed over and over with a smile on our faces, knowing we were cutting our teeth on just about everything an investment property could throw at us.10.

In any event I wish everyone a HOLISTICALLY HEALTHY NEW YEAR!

I should point out that Michigan has had an excessively wet year with a lot of snow over the winter, frozen ground late into the spring, and a healthy amount of rain the last few months.My property manager is telling me the flooding is a significant problem, and that I should take action. 

I think it was a lot more achievable after the big crash.The better your marketing and more willing you are to look for value add the closer you can get to 2%.I also think the 2% rule was based in a time period where the cost of financing was much higher so you needed that cushion in order to cash flow.If after financing, taxes, insurance, and a healthy cushion for expenses you can get worthwhile cash flow and an acceptable rate of return than you shouldn't be too concerned about the price to rent ratio.

What I've learned is that the COVID is not a big risk for the young and healthy (granted, we don't know long-term risks).  

This post makes me smile from ear to ear, Congrats @Holly Williams!!

But then again this becomes part of the cyclical nature of the housing market, we’ve not had in really 5-10 years, so long as it’s not too deep it is probably healthy. 

There are plenty of other cities that have much lower real estate prices and healthy travel demand. 

I feel like places like Vallejo/Stockton are long term bets... for the short term one might see some appreciation but they're a lot more sensitive to market corrections so one has to be prepared for that.Speaking of corrections, someone at the Sacramento RE conference last year mentioned that the biggest signal if a neighborhood will retain its value during a downturn are those with healthy mature trees.