I imagine if I was going into a new market I would need to rely on more actual metrics and indicators. 

Quote from @Abdul Odu: @Kevin Sobilo - a bit curious here... wouldn't the tax return be a lagging indicator?

My co-host indicated yesterday’s meeting was more balanced which would seem to indicate if anyone paid for support to be there that in might have been those in favor of this tax.By the way Eli Rivera voted for a trash tax implementation that so differed from the voter passed initiative that he indicated if this implementation went to the voters it would get defeated.  

But I can't figure out how the info from Form 8824 transfers to Form 4797 (Sales of Business Property) as a deferred  (not yet taxable) gain.On Form 4797, I do not see any line whatsoever that lets you indicate a gain is DEFERRED (not currently taxable).

A cursory internet search indicates that they've been in business for 7 years and their site states that they haven't missed a payment in 3.5 years. 

Unless the home is new which your loan amount tends to indicate it is a used older home your loan principal and interest payments, insurance and home repairs will keep you on your back for the life of the investment. 

The median $/SF has remained in a tight band of $1.16/SF and $1.20/SF throughout 2025.Rentals - Availability by MonthThe number of homes for rent continued to decrease MoM, which is unusual for the time of year (it usually rises towards the end of the year).Rentals - Median Time to RentMedian days to rent decreased MoM, a bit unusual for December.Rentals - Months of SupplyInventory decreased MoM to about 1.7 months, indicating a firm landlord’s market.Sales - Months of SupplySales inventory has remained in a tight band of between 2 and 3 months throughout 2025, except for December, when it dropped to 1.8 months.

The near-misses I’ve seen this year almost always come back to optimistic ARVs or thin margins that didn’t leave room for today’s underwriting.Looking ahead to 2026, early indicators point to:Continued DSCR focusSlightly tighter LTVsMore emphasis on durability vs. max leverageThat lines up with recent commentary from groups like the MBA, AAPL, and broader private credit analysts showing banks staying cautious while non-QM and DSCR demand holds steady.Feels like a market that’s rewarding clarity and discipline more than creativity right now.

A cursory internet search indicates that they've been in business for 7 years and their site states that they haven't missed a payment in 3.5 years.

Look at some market statistics to see how values have changed market wide over the last 5 years that will give you a rough indication.