Medium term (1-3 years) is the hardest to predict.

You/the company can make bets and predictions that may turn out alright in the end, but they could go the other way on you too.  

If that's your prediction (prices will go up) then tell this interested party to check back with you as you complete the construction.

As you know, there are plenty of people predicting what's going to happen.  

It's obvious that you cannot predict every little thing, and there will be bumps in the road no matter the journey, I just don't want to buy a property just for it to lose a ton of value over the next few years.Here's an example...Say you were to buy a property for 250,000, and all of the sudden the market crashes and the property is worth 100,000.

What i predict is that what happened in Irvine in the late 90s is going to happen here in Johns Creek.Johns Creek, Georgia 02/07/2014 is Irvine, California 02/07/1999.

Generally speaking, people have short memories, so I would predict that after the risk of spread has diminished and/or a vaccine is out, the people would flock back.

So I'd leave it as a 3/1 because it's consistent, stable, predictable and move onto the next one

Markets like Cleveland and Columbus offer interesting possibilities as well.If cashflow is your top priority, Cleveland's reliable rents and predictable income could be a strong contender. 

Although, those will likely have much lower cap rates, and for reason, they have very low maintenance which makes them more predictable investments.