@Henry Lazerow Hey Henry, what you are pointing out here is the yearly market cycle, not an actual drop in prices.

When I represent an investor for the buy I always feel like my job is not done until they are cashed back out then we repeat the cycle again.

But if that doesn't seem prudent in the current market, I'll gladly invest in notes for the next 5 years, hope it all works out, and perhaps by the end of that cycle my account will have grown to $55,000 or even $60,000, and real estate is cheap again.  

I'm in the Seattle/Tacoma area so appreciation is how we make our money and not quite near the top of the cycle based on indicators.That said, I'm debating whether I want to buy more rentals this year or not.

Cycling back on this thread, for anyone who might be interested.

Thanks for the picture, that was what I thought, my original advice stands, not a bid deal, cover it up before a freeze-thaw cycle happens (I see now this in in NJ) this is not a bog issue.

@Fred Hixson Thanks for the in depth explanation of the habits and cycles of the soldiers that live around the bases.

Keep in mind that markets change and real estate cycles change.

Given the fallout of the last real estate cycle, appraisers get uneasy appraising high water water mark sales. 

A month's time is plenty time to cycle through this list but because for now your list is not a large list adding into a drip process that includes to those who do respond (yes or no), and maybe send a postcard to check in reminding them you are here especially if things have changed.Take action though as you plan you are only one call away1