From what I understood, in 2005 a lot of loans that were issued had a 10 year period, for the properties not performing, is it possible there will be another wave of distressed sales?

Wave the penalty to break the lease, but all else stays in place and do it all in writing. 

Something like this:http://www.homedepot.com/p/TAFCO-WINDOWS-NailUp2-Wave-Pattern-Glass-Block-Window-NU2-3222/100660080

Long term rents are increasing since there is another wave of demand from the WFH workforce. $900-1000 bedrooms in a shared place are becoming the norm.

When you think of cycles the first thing that comes to mind is a sine wave with the upside curve and the downside curve.

Closest place to the Garden of Eden (lots of eels but NO snakes) that I have ever spent.BUT being from Australia I couldn't get used to the black sand beaches, but the 20 ft waves were amazing.

It is possible to substitute your active income with passive income, but it will take a strong knowledge base, with a healthy dose of hard work and also the wave of the market rising.

So maybe it's the wave of the future?

It comes in waves, for 4 months we didn't find anything, then all of a sudden we have come across 4 good deals in the last 30 days and I am trying to figure out how to buy all of them.

I still have a ton of stuff to learn in this ever changing market but am excited to ride the wave of adventure that comes with real estate investing.