If it's more than a dip and we truly enter a bear market, then you should keep some dry powder to pick up real estate when it goes on sale 12+ months from now.Rents will only go down slightly as real estate drops so that's no big deal unless you're barely breaking even, but if you are, then you're banking on appreciation not cash flow...

I use my surplus dry powder (outside of a tax shelters, e.g. 

@Anthony Wick he is correct, there are reports that some areas of the sf bay are already down about 5%... this is just the beginning, I’d keep some powder dry if I were you!

Normalizing the conversation (not just you - all of us) will take some of the powder out of the keg.

Most of my cash is deployed, but I'm building up some dry powder for MF opportunities in 2021.

I'm keeping my powder dry so-to-speak so that I can invest in my dental business.

I will however keep powder dry for the next weeks and maintain a liquid cash position until the we have a better forecast of the real econmoic impact on tenants.Nice post.. kind of how I am seeing it as i talk to my teams around the country..  2 weeks ago when i made a suggestion on a post or posed the question how would you as a landlord work with GREAT tenants who found themselves in a temporary cash flow dilema and needed some help with rent..  75% who posted on this site  said  NO PAY NO Stay and or ITS NOT MY PROBLEM  or the banks dont care  etc etc.

This plus the 170k giving me $450k of dry powder.

My advice is to get in, but keep some dry powder.

:@Sameer KhI won’t keep it..... however unless you can find another property that is worth investing, I would keep some dry powder for 2022 or 2023...If you sell it at $130K, there is no real taxable income.... you won’t be paying much of any tax  Hmm not even in sales tax?