But seriously, if you can stay calm, power through it, and can cash out some of your investment (low or high) and break even with the rent maybe you can get some good returns/appreciation over time.

You will then calmly present evidence that there is not, in fact, a problem. 

I was telling friends and family some of the stories of your early timber deals in conversation and not realizing you were also the one contributing to forums posts, frequently and pointing out license law violations, and calmly taking the attacks of those that swear they know more than you.

I staggered or laddered the balloons for waterfalls every few years.   

They become this fiend, this villain that could destroy you and is probably the hardest phase of all the phases.It is during the MOVING PHASE, that you must be cool, have all your wits about you and be prepared, yet still be cordial so as not to enraged the monster that seems to be lurking in your Tenant during the MOVING PHASE (as there is NO ANTIDOTE to calm the savage beast once it takes form).

Nick Sidoti preaches that this is literally a "waterfall" of "quality tenants" coming your way.

You should be able to find great deals no matter if we are in a recession, or in calm waters. 

Seriously though :)I'd go with @Mike McCarthy and suggest cutting the grass and keeping it all set to calm the watersGood Luck!

Not really a calming effect for some.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.