I do share your concerns, and I do think we are quite late in the business cycle and asset prices are quite full right now, but surely there are winners and losers in any environment (barring another global meltdown). 

That's a winner. 

Let me break down my current situation a bit:- I’m 39- Marine combat veteran - Retired law enforcement offficer- $8,500 a month tax free from military compensation and law enforcement retirement combined. - $300k cash to start investing with- Make extra cash from teaching online at a university and retail real estate since last September (not excited about it though.

Whichever one yields the best numbers( with the highest potential to profit) in say 5 to 10 yrs is the winner, imo.Kudos,Mary

Hi, @Salvador Marin - we focus mainly on residential property, as a business, but market fundamentals are the same - here are a couple of articles I wrote for BP, a couple of years back -Part 1 -http://www.biggerpockets.com/renewsblog/2012/06/29...Part 2 -http://www.biggerpockets.com/renewsblog/2012/07/06...

Chasing returns on someone elses word is sure way to catch the dreaded lotto winners flu.

The more deals you analyse the better you will become at spotting a winner right out of the gate!

When I was working for a fortune 200 company selling very sophisticated computers to Hanford, Boeing and the military I had a co-worker who was a reserve Marine officer.

If you need life insurance to protect your loved ones now because they are financially depend on you and you are the bread-winner in the family - buy inexpensive term life insurance policy.

I would add washer and dryer and try to land a Marine or Sailor.