I am just getting started and its going slow so it is giving me a lot of time to get cold feet. 

I can tell you from personal experience that it's slow, long, and at times boring... but the answer is out there.

He withdraws his $100k cash from the bank account and walks away. 

I suspect that we will all be waiting a lifetime to see rates back to were they were 2 to 4 years ago.. so I would not bank on that.. as for pricing.. if its a place to live then you certainly can just wait and see.. its not like your homeless or need to move other than you don't care for your neighbors.. markets always slow about now.. what will be telling in my mind is were we are at next Feb March April in the buying season as it were.I was in a conference this week here in Vegas and some of the speculation is that many of the commercial type loans that had 5 , 7 and 10 year calls  are going to stress those that had max leverage.. as the rates rise the cap rates rise to keep pace thereby devaluing the properties.. to the point some of these investors are going to need to bring some to significant amount of fresh capital to pay down their debt to get a refi.. and that will stress those assets and there could be a real buying opp in that sector.. at least that's what I gleaned from the talk I listened to yesterday... hope you find that dream home in the country !!!

@Will ParkerI'm going to assume that it is the hike of the interest rates which slowed down housing sales, and the fact that the industry's bubble may burst at any moment. 

If the business has 1M in equity and one of the three partners wants to leave, their share is 333K.ii) Equity in the business accounts-We plan on reinvesting all profits and maintaining a separate business account to handle all of the deposits and withdrawals.

With a clear bowel, a slow leak will just continuously drain out.

Also, you're coming towards the end of the year so expect your leasing to possibly slow down a bit until spring.

My goal was simple, increase income to the point where my personal budget was at equilibrium and I did not need to withdraw from retirement savings until age 65.

For example, Dave Ramsey advises people their investments will grow at 12%, and they can safely withdraw at a rate of 8%.