It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

I currently have 7 houses and at a pace now of 3-4 more SFH per year 

These might be middle-of-the-funnel leads or top-of-the-funnel, but they have had success from a couple of people.

Although rents increased by 2% annually, the purchasing power of this income is equivalent to $4,325 in today's dollars.Year 10: $5,000 x (1 + 2%)^10 / (1 + 5%)^10 ≈ $3,742Year 15: $5,000 x (1 + 2%)^15 / (1 + 5%)^15 ≈ $3,237Year 20: $5,000 x (1 + 2%)^20 / (1 + 5%)^20 ≈ $2,800Due to rent increases failing to keep pace with inflation, you won't be able to maintain your standard of living.

I had another friend who did the Pace Morby and Brent Daniels training after they joined the WREIN mentorship.

So, we are stuck choosing a house in the middle of the Seattle area or the north end where it's more affordable.

Your future self will thank you when the HVAC doesn’t quit in the middle of summer!

People work, they are in the middle or organizing after a move, they have utilities to set up - it's a relatively hectic time period for a lot of people.

With all the uncertainty going on with the world, with the wars in the middle east, longshoremen strikes, election in November, and potential for stock market and housing market crashes, should I hold off on purchasing real estate until the world is more "stable"?

This is a great explanation of the market.I will add to the City of Neighborhood parts; that the market can be so drastically different less than a mile apart.Point breeze is struggling, while Fitler Square is a fast paced market.