When many businesses were locked up (forced to close their doors, “force: coercion or compulsion, especially with the threat of violence”) paying tenants with good jobs were just devastated (some I agreed not to evict if they simply would vacate and in 3 cases I had to do this and it worked out great for both parties I only had my attorney involved once and the tenants vacated the next day) it was honestly as if a wave of depression in their spirit was being sensed, relatives passing, and I could feel as a business woman and a wife and mother I needed to restructure my real estate business with consistent on time payments and secured at a rate that maintains my living standards.I was explaining some of my tenant responses to another adviser and she began buying houses for her grandchildren.

You’ve just got to understand how to ride the wave.

I'm thinking single family home; rent it out for a few years and ride the equity wave. 

You should also look into refinancing out of the FHA loan into a conforming loan after 6 months of ownership.FHA loans have MIP, which is pretty expensive and effectively increases your interest rate.If you can buy wisely and ride the wave of appreciation, you could have 10% equity in the property fairly quickly and save some money with a lower effective interest rate, even though you will have PMI instead of MIP.If you can get to 20% equity, you can get rid of MIP/PMI altogether.Of course, rising interest rates will affect any refinance strategy.Also, if you refinance, already being told by your company in writing you are being transferred, then you may be exposing yourself to potential federal mortgage fraud issues, by knowingly violating the 12-month owner-occupancy requirement of the mortgage.

Have you see the waves on the North of Peru?

If things go too far too fast, then the market could overreact and cap rates could go up to fast, creating a wave of defaults etc.    

Maybe we didn't catch the explosive STR wave a couple of years ago but we love the combined personal and STR use concept for a vacation property. 

Some hand waving for sure but it gives you the general idea of how things can grow. 

We will be facing a wave of college closures in the coming decade for demographic and other reasons.

Another one which is a free software is wave accounting.