Understanding cap rates, net profit and economy (supply/demand housing, interest rates lowering increases demand, the real estate cycle, investing for cash flow vs appreciation) will all set him up for success.

Most don't know how to underwrite, choose a sponsor, or even what their goals are.I hope it's just part of the market cycle and the ones who want to succeed will spend some time learning the business.

Avoid keyspire.Edmonton Calgary Saskatoon Regina all at nearly ideal cycle position.

German,I can see how it might not make sense but my 18+ years in the Banking business has shown me (3) cycles of this very same market.

One thing of note is that Utah is approaching the top of a cycle right now, but over the next 35 years will double in population.  

My question is have you all seen this cycle before?

California landlords; it may be beneficial for you to thoroughly understand prop 33 during this election cycle and, depending on city, how it may impact your business 

It becomes an amazing cycle that helps everyone!

I can find a nugget of information that guides me to understand where we are in an interest rate or buy/sell cycle. 

The amort period and the balloon period should be very close to the Funds cycle timing.