Rent was $2600 but it paid for all expenses and netted me $40 a month.i consider this cash flow neutral. market crashed in 2008 but I contiene to hold the property.

The housing market crashes and the value decreases to $200k.

I talk with a guy that 15 years ago had 50 units.When the crash came he lost most of them due to a 50% vacancy rate with so many being paper.I like my units being paid for money being ready for the next deal to come along.

My opinion is that there is an increase in rental that are available because the tenants have repaired there credit from the crash and have the income to buy a house.  

Four years later—at the very top of the market just before the crash, we ignorantly bought a single family home, also in the East Bay and rented out the condo. 

I was attempting to add a comment from my iPhone and the app kept crashing.

The 1% rule originated fresh off the hardest crash in over leveraged real estate coupled with the lowest interest rates.

if you wanna offload this, i’d be happy to chat about doing a corporate lease with you (& running it on airbnb/vrbo on the back end). otherwise, amelia mcgee and grace just came out with a mid term rental crash course that should be good. even though travel nursing is slowing down, there are def still tons of other people looking for MTRs. you could always throw it up on furnished finder (as a prospective furnished rental) to gauge interest. 

@JD MartinI went out for my first run in months this morning ... chasing behind a nine-year old on a bicycle ... a humbling experience for a fellow who once ran ultra-marathons for fun.When we arrived home, my son informed me the outing was an absolute success: he didn't crash (he only decided this week he should probably learn to ride a bike) and I didn't drop dead :-OI will conceded that I am more than a little heavy at the moment ;-)

RE didn't bottom until 2010-2011...two years after the major stock crashes and unemployment.