Going into a rising rate environment, I would be reluctant to take on anything but a fixed rate, that would carry you through the next cycle, 5-10 years

These shareholders enter at various times of the market cycle and are continually pushing the company to increase profit at any cost.

I can't even tell whether it's running on a 30-day cycle...is that shown somewhere?

The difference is that the appreciation play needs to be sold at the right part of the cycle to really make profits, but is way less headache.

Also assume the pricing per wash is $1.50 and one dry cycle is another $1.50.  

In a desert of deal flow in a frothy market cycle?

As far as cycles, Texas is a really big state. 

I like the idea of annual or some other cycle journal entries.  

You're just trying to get a feel for the vitality of the city and the likelihood that it grows in the next market cycle.

The 2012 JOBS Act reversed these regulations, so now you can put up a website with an 'Invest Now' button, and invite anyone to invest in your deal (within the bounds of the new regulations).What makes this opportunity particularly fascinating for seasoned real estate pros who have been through multiple cycles, is that what typically happens when the economy takes a dive is that, ironically, liquidity dries up at exactly the same time as opportunistic (read 'distressed' real estate) deal flow increases.Crowdfunding means you can reverse this dynamic by tapping into crowdsourced capital to finance acquisitions during a downturn.