I’d love to have most places at 2001 price. That would definitely greatly reduce the downside risk. A 4/2 1500 sq-ft in MM in 2002 is around mid 200s while the same place in CV goes for around low 400s. At that price, if rates stay the same, then you’re talking about being cash flow positive a couple hundred bucks a month with 20% down and 15 year fixed loan.
