I sold all my rentals before the crash.

I happened to know more about crash pads than I’d like too but it seems to be a niche I’m willing to work with!!

The reason I want to move is its clear a crash must be coming due to forbearance.

It was a crash experiential course (2 years, 3 month) in real estate investing and property management.

So if there are no major issues with the house or market crash, OP may break even assuming property appreciates at the rate 10% yearly (and properly lose money to commission when selling the house).If my house could rent for 5k, I will be happy to sell my house to you for 1% rule :).

I don’t want to dive in head first and then watch the market crash.

Real estate price correction and real estate market crash are not the same thing.It is easy to walk away from a house you put nothing down on, then cash-out refinanced to buy a Hummer.

Why don't  you Airbnb the house, then you crash in the garage whenever you get a bite, temporary like.

A big con right now is that if you're buying in an area with a declining population and prices drop due to a crash, you're going to have lower rent due to less demand but you'll be stuck with a large mortgage payment because you bought the property at such a high price.

For those outside of the Bay Area, a $600k improvement budget is fairly modest in this area.Current market rental price is approximately $6k (source Craigslist)2015 Appraisal received today $3.2MMKeep in mind that this takes into account any appreciation slow down that hit the property during the "crash".Was buying a $1.1MM house in 2002 scary?