My CA clients the fundamental question they have is do they want to own property in CA for the next 8 to 10 years or longer for the next potential appreciation cycle  or do they want to fully cash out for max equity transfer and do something more hands off with NNN?

Tenant reply:"Hi Ralph, Respectfully, I strongly disagree with your analysis, as it doesn't appear to consider the temp/usage data or the fundamental energy usage circumstances in June and July.

In my ideal world I'd have zero debt (I fundamentally don't like the risk, but much like everyone else, "I can, therefore I do"), so I can certainly advocate for waiting.

Personally, I prefer Indy and KC because of their strong economic and demographic fundamentals on top of good cash flow.

I believe that many of them (mis)use diversification as an alternative for digging into the fundamentals for each opportunity.

But I know the economic fundamentals in my market support growth for 3-4 years more minimum with the current construction building plans, and the long term plan of economic develop office in all  3 cities combined with everything I stay up to date on in the Chmaber of commerce. 

If it stretches your criteria, that is a personal decision and I see nothing fundamentally wrong with what you have presented.

The fundamentals of his book are solid and during different market cycles you will get better or worse deals. 

Traditionally, the economy is more resource-based - particularly in the smaller communities - and we have an ageing population (the young have been streaming to Alberta for a generation, then returning east to retire).Now about that market correction, it's been overdue for a few years, but the current trajectory continues to diverge from the underlaying economic fundamentals which should make folks more cautious when analysing prospects.

I really appreciate you taking the time to lay out some of the basic, but crucial fundamentals that I need to decide on.