They just bought at the wrong time (i.e. peak of the market) and had mortgage payments in some cases 2-3 times what I was charging for rent. 

I am looking at a few places on the MLS now but none are even close to what I would need to offer to make the deal work for me.I feel like the Nashville market is peaking right now in terms of cycles.  

@Andrew B. - Yes.

I'm planning my exit strategy when the current Housing Market peaks for my Market Rate apts.

Luckily for me, I dumped all my junk in that market at the peak of the last up swing.

Bye Felicia.

Look at it this way, you've got 25 days to make your property perfect at the peak of the rental season to find the perfect tenant.

Bye. 

@Wendell De Guzman, The case shiller data shows me that Chicago housing market is currently back to April 2003 levels where the peak took place in Sept 2006 and still 22% below its peak value. 2.4% appreciation in the last 12 months which below the average MSA 20 appreciation at 4.9%.  

Now the guys who bought for 50m and 15m, time will tell if 2019/2020 is the latest peak and they made wise choices or not.