Almost all of the current investors doing Subject To, as taught by the popular approach of over leverage and little to no money down, are people with little to no capital, no ability to get a mortgage, with no experience and no ability to over come the issues.

Successful fisherman know that 90% of their time and effort goes into planning and keeping equipment ready to perform and not actually hooking or reeling in the catch..often closing on a popular or active vacation rental (often in a competitive market) happens along the same lines (no pun intended).

In fact, Houston and Little Rock, AR were the only two major cities where multifamily was in a recovery stage.So what are the market cycles, and what do they mean?

Often I see only sheet rock above them.

A popular and profitable alternative is medium term rentals or 30+day stays.

Packwood is also getting popular.

This has been a popular group for a very long time.

Ohio is noted as being popular for out-of-state investors from New Jersey.North Carolina - The cities of Raleigh and Charlotte in particular are considered good for property appreciation.

I would check out Banco Popular or a local hard money lender. 

--all very popular in my WA market).- If you're not familiar with investing vocabulary, there are plenty of books.