I think people who are speculating on market crash in 2021 may just be disappointed.

I read posts by Jerry W where he stated speculation, but no facts.  

You have a choice of either accepting low/no cash flow and counting on appreciation which in my opinion is speculative, or employ an alternative investment strategy.

The contrast of the shaky residential housing market consisting of vacation homes, condos and speculative construction projects; with the consistently solid fundamentals and glowing economic outlook for the commercial real estate markets, make right now the perfect time for the investor to re-balance his real estate portfolio.

Therefore, we have to rely upon the Regulations which, instead of clearly stating that rentals qualify (as many speculated that they would), makes it clear that the properties have to qualify under the Section 162 definition.To qualify as a trade or business, you must do it to earn a profit, and you must "work at it regularly, systematically, and continuously". 

I don't want to speculate as to what good terms are since I rarely see 2nds.

Best bet is to be conservative with your numbers and not to speculate on appreciation or increased future cash flows, although it is tempting.

Anybody who buys individual stocks without knowing their value is speculating or gambling.

I have a wonderful postcard circa @ 1920 that says "There are two times when a man should NOT SPECULATE---when he CAN'T afford it and when HE CAN"IMHO, if you feel like you are risking everything, you are risking too much.

I would just focus cashflow or the 1% rule or what ever metric you use, are more important than speculating on the value of properties in the next few years.With inflation continuing I cant think of a better spot for my cash than in leveraged real estate that produces income.