I don't think you should have any real concern for price reduction for a home you would purchase here even if you sell in 2 years.

I don't know the LA market, but you always need to remember that current cash flow is king and the potential of future price increases is queen (unless your bank roll is really fat). 

I consider that $40 reduction in the $8000 that they match per year.

The margins look fat, but you really do have to treat it as a business and get all of your processes in place. 

Another, been on the market for over six months, with price reductions.  

I have listened to his podcast/radio show plenty and don't think I ever really hear him talk about anything other than pulling the cashflow from the deals.Without principal reduction - is he really using the normal buy and hold method?

Maintain a vegan diet two days per week and drop my body fat below 10%.3.

And this state, city and county are ALL still woefully under water with their obligations (i.e. pensions).For far too long, these stupid politicians have simply over promised the fat cat unions more money than what the state can afford to pay. 

When it comes to real estate, always buy for cash flow first, next appreciation, then principal reduction and tax advantages.  

Fine leather shoes and the biggest indicator of all ....a big fat billfold in their back pocket !