Remember, markets WILL cycle, but having that in mind, buying right, and taking smart calculated moves will help investors weather any storms that will come..and then go. 

@Tonya Weathers @William Corcoran Thank you both so much for the helpful.

So it seems to me I need to weather the first 5 years to get to the cash flow starting at the 5 year mark. 

The weather up here is not as hot as south Florida and the weather here does can get in the low 40s.

Plastic clear clipboard that opens up, so you can kept the permit card on site before the home is weather tight.

They can escrow and do a final inspection after it’s completed usually within 30-90 days - weather permitted.

Not from Alaska but if I remember right it weathered the last recession better than most the other states.

How likely is he to weather a market downturn? 

Doors not fire resistant ... 

The reason that I gave myself 10 years to achieve my goal is because I have a day job that limits the number of hours that I can dedicate to real estate; because I have a low -to-moderate tolerance for debt and planned to save for most of my down payments; and because I’m naturally cautious and wanted to give myself the time to weather any setbacks that should arise.How I Did It:Among other things, I ___. posted my intention on BP.listened to BP podcasts and followed the local forums.asked for colleague requests and I followed up on the advice of these colleagues.used savings and HELOCs for down payments, closing costs and repairs.interviewed Florida realtors, property managers and contractors by phone.visited the two rental markets, attended REIA meetings and met with property managers and contractors.Lessons Learned: When buying an older house in Florida, get wind mitigation and 4-point inspections.