But you sit on top of a large pile of cash that was pulled out of your property at the point you refi.

Ask for a sit down with everyone.

I’m trying to soak in and learn what I can now so I hit the road running when this cycle comes back Don’t just sit on the sidelines - that’s not a strategy, but being patient and finding good cash flowing deals should be your focus.

That said you need to sit with someone QUALIFIED to review your situation and frankly most accountants are not as 99% know nothing about self directed retirement accounts. 

I will take the old growth redwood, full dimension lumber that is 100 years old sitting under my house but looks as dry and good as the day it came out of the mill yard over pressure treated new growth any day.

They are just catching up over the past year. properties are sitting on market longer, and you will see price reductions. that is a good indicator that supply is coming back. 

My hope is that this discussion will give me and others here a basic point of reference to form quality questions from when I sit with my attorney.

@Logan Chen Think & Grow Rich has been sitting on my shelf for ages, but I haven’t taken the time to read it.

I would love to buy a local investor coffee or lunch just to sit down and see if they can tweak my process or give me some suggestions as to where I’m missing it.

Landlords are sitting ducks.