We'd  like to be prepare/ready for what is coming on the horizon. 

I would not say that this short-term moment is necessarily indicative of the prospect of the overall market over a 5-10+ year horizon. 

especially for someone with 5-10yr horizon?

Maybe its time to upgrade your portfolio, I've come to the conclusion that over a longer buy and hold horizon (3+ years) the "non-cashflowing" A and B properties actually out preform C and D properties thanks to lower turnover and lower make ready cost.

What is your time horizon in Japan?

I agree, if your time horizon is long enough RE is a fantastic vehicle to build wealth - its all I have been doing since 1991 .. 

Sound money decisions, planning, eliminating wasteful spending, and having a team are all critical aspects needing attention when you’ve made the decision it’s time to expand your financial horizons. 

FL, NY, MD, CA, VA, NJ, Horizon Bank, Kalamazoo MIHughes Federal Credit UnionHuntington MI 75% LTV 5 yr IO product available.

By acquiring multifamily properties at favorable cap rates and leveraging growth projections, investors can secure attractive returns over the long term.While multifamily real estate may be facing tough times in the short term, there are promising opportunities on the horizon for investors who can navigate the challenges effectively.

A 3% annual growth equals approx a 300bps increase in the cap rate over the horizon, not a coincidence.