@Idris HaroonStart a spread sheet and what might happen if the market collapsed in a nightmare scenario.If your property values tanked 30% and half your tennants stopped paying because it's the great depression 2.0, what's your play?

@Kyle RobertsonIt’s been a year now self employed and it’s been messy, hard, semi-depressing at times, small moments of questioning myself —- done in a pandemic... a lot of crazy highs and lows and emotional roller coasters... some of my greatest single-time paychecks and some stretches with with almost nothing... having a bad@$$ wife helps a ton as she went back to work for a while to support me...

Ultimately, the influx of owner-occupants into a economically depressed area (by way of increased local home ownership or, when not possible, renovation of vacant buildings) is the ultimate driver of "sticky" change.

In a market where rents are depressed, the RC will often be significantly higher than the ACV.

Set up a cheap website and get all your drawings on the website, then use Craigslist adds posted in out of state major cities with depressed economies. 

Changes in U.S. trade policies may negatively impact Midwest RE prices,  uncapping the SALT deduction - boost RE demand in high-tax states at the expense of the rest,  proposed legislations aimed at strengthening tenants' rights and depressing rents - dampen REI everywhere.

The great recession, or ==the even greater, real estate depression==  of 2008-2010 was the biggest real estate failure, probably of our lifetimes.But the cause of this was really a broken lending system, that wounded itself by writing poor quality mortgages.

I do hear a lot of people say that the market has only crashed during 2008 and the 1920's depression but I researched the lowest unemployment rates the US has seen since the great depression and there are a number of instances that seems like the market has crashed.

I know this guy that lives in small town with a depressed economy, but he's making a killing with 23 STRs that he rents only to refinery contractors with a per diem that come to his town for short term specialty maintenance jobs at the refinery.It's kind of a rough crowd of tenants. 

So if I get hit with this then I imagine we are in a crisis worse than the great depression.