Basically what happens is many rookie investors don't think that "They can make it happen"....meaning they don't have many expectations of what they can do====>When they have low expectations, they don't put forth much effort===>When they don't put forth much effort, they don't get results ==> When they don't get good results==>It reinforces their beliefs that "They can't make it happen" =======>Next time around they have even lower expectations==:>Meaning lower effort==>meaning lower results===Meaning more reinforcement that "they can't make it happen" the ugly cycle continues....

We've gone full cycle this year on 3 deals (2 as LP one GP) and will sell another 3 (as an LP), all have vastly exceeded projected returns for IRR and EM.

Since rate hikes began roughly 12 months ago, the FED has raised rates nearly 500 basis points from near ZERO and embarked on a substantial quantitative tightening cycle essentially reducing the amount of capital available and increasing the cost of that capital. 

The normal cycle of people having kids and moving to the suburbs for instance, and other instances of natural out flow continued as normal. 

If leasing year round is there a preferred month to start a yearly lease cycle?

The rule of thumb is 50% expense ratio on a full cycle basis (10 Years +).

And inflation is the key reason rates have remained high.Long story short, in spite of the Fed rate hike and the relatively unchanged outlook for 2024, the market saw some indication of a policy pivot in Powell's comments--some shifting of the big picture cycle of economic growth and inflation.

I have a background in Healthcare Revenue cycle. 

Some investors are saying that we're due for a correction because cycles come every 8-10 years.

I guess that can be attributed to the timing of the school cycle right now, but that's not the best sign for a landlord.