I can't believe it! When I moved there in 1985, I was determined to be a millionaire by 30. I knew the way to do it was through Real Estate.
The first home I bought (3 br 2 bth, 2 car grg) I didn't even live in. I was going to make a mint!
Then oil went to $10 a barrel. More than every third house went up for sale. I never had a renter complete a lease, I was always evicting and going to court, and a guy killed his wife in my home.
I lost my butt and gave up on Real Estate, but look at how it's done most of the time since (especially here in DC). Oh well, I found I could lose just as much in the stock market, so I guess it all balances out.
By the way, I lived on Longstreet Place.
Last year I was renting a house in the 5600 block of Longstreet Pl for $900/month. It was a 3-bdr 1200 sf... that house sold for $112k this past Dec.