I have been on BP for a while now and am tired of sitting on the sidelines while everybody else is making the lives they want! 

I had a friend who thought it was going to go down in 2015-16 and waited on the side line.

I have been just saving up money on the sidelines for a while at this point and am itching to get a deal but just have the feeling that waiting a couple more months to see what the next batch of numbers look like before diving into a deal at this point in the cycle might be a good idea. 

@Matthew ShayI'm not sure I completely understand your question but in the scenario you presented (i.e. as a market timer), not only would I shy away from those deals, I would be on the sideline not even looking.

Sure I've heard about dollar cost averaging and if you're in your twenties or thirties that might be a very viable way to invest in the stock market, but I'm in my later years and I'm not going to have the time to average a big-*** decline that's coming in the next year or two. many people just entering the market for the first time would be wisest to sit on the sidelines it's always at the peak of a market where the newbies get creamed.My treasuries have outperformed the s&p 500 in this past year and there's a lot of big investors like Warren Buffett are sitting on the sidelines with loads of cash.

BP community drove me to get off the sidelines and into the game my my first deal!

The area I'm most interested in is buy and hold rental properties.I'd love to meet some fellow Austinites who are interested in real estate investing, whether they are veterans or still sitting on the sidelines like me!

Regardless of how much you read and research it ends up being trail and error....So in my opinion just jump into the deep end, I’d rather be swimming and struggling then watching on the sidelines wishing I was swimming. 

For a single family property, you will have to hold more depending on the current condition of the property, expected vacancy and expected CapEx (for example an HVAC unit which could go out in the next year or two).There are a ton of people who have been waiting in cash on the sidelines for a large market correction for the last 5 years.

You could probably argue that someone sitting on the sidelines now may end up in the same position you are 5-10 years down the road where they missed a big correction too.