@Daniel Hurtado Yes, you can find wholesale deals in any point in the market cycle (however, you might have to change markets).

there are always foreclosures in every market cycle.. 

Miraculously, I just got a sellers concession on a multi family and I’m seeing a lot more multi family buyers in the last few weeks.

I know that John may never be able to buy a home and may always be one accident away from bankruptcy.The reality of our current position in the economic cycle is that home prices are high and mortgage rates are high enough to ensure someone like John may never qualify for the loan.

The time period they are using makes a big difference in putting together projections and seeing if a property is a viable STR based on a 12 month cycle.

This is a cycle of time I can only call "Love for the Snake Oil Salesman". 

Meters don't run fast unless the wrong register is on the meter body or you have a cycling issue where there's no check valve and water is being siphoned off the service line and air and/or water is pushed back in, such that there is apparent water use when nothing is being used.

Thank youHere is the report As an Electrical Contractor for over 31 years I highly recommend it all be removed and rewired in accordance with the code cycle in that municipality.

That's interesting, aside from NY what makes the cities similar and different in their cycles?

Do yourself a favor and buy Philip J Anderson's book "secret life of real estate and banking" as it is IMHO the best book on real estate cycles.