We got lucky that we've been able to ride the wave rather than sitting on the sidelines and watching.

The alluring prospect of timing the market and concerns about high-interest rates can leave aspiring investors on the sidelines; often the worst place they can be with their investments.

While I don’t want to keep sitting on the sideline, I also don’t want to bust buy something for the sake of buying and it not cash flow. 

Heck, I have plenty of clients who have been sitting on the sidelines since 2016 waiting for the impending crash that everyone on BP keeps talking about.

This is tax deferral not tax free strategy but with 1031's you can defer till you die- Find equity growth focused properties to still create a little cash flow or at least break even cash flow wise to use the property's depreciation loss on paper to  offset your other properties net positive cash flow to create a "wash," in taxable incomePlus you'd have to be at 400k single and 450k married to be near or over the 50% tax bracket (39.6% fed + 10.3% CA + 3.8% obummer tax) @400-450k.As for growth while your money is sitting on the side lines there are options available.

@Ali  @Ali BooneundefinedYes, my brother-in-law has a sideline "chutes" business  and he got me involved, but I'm grounded until I get checked out  with a new license.

And don't reply with "cash" or "sidelines".

Many people sit on the sidelines and don't do anything and then they let time fly by.My thoughts on the 40K is that you should spend it on a mentorship program...but later in the future when you've had relative success.

I have no experience in real estate investing but have been reading books and listening to hundreds of podcast hours and I am ready to get off the sidelines.

As cycle matures deal structure and parameters need to change prior to moving to the sidelines to await the next correction.