As a result, investors might find themselves stuck in a cycle of over-analysis.To overcome analysis paralysis, I advise real estate investors to take several steps: Set Clear Criteria: Define specific investment criteria and goals.

In this late market cycle and where prices are in most places, if you dont' have these two things and you use a hard money loan, you will likely lose money based on carrying costs and renovation delays overruns. 

Such a thorough book on how to determine where we are in the economic cycle and how to adjust your investing strategy to profit at any point in the cycle!

The cycle just keeps going and going and still happens today.

Personally, I'd be hesitant to buy an investment property in CA due to: 1) the high taxes; 2) where we are at in the real estate market cycle; and 3) pro-tenant eviction laws. 

I will have to pay full value on the dollar for in demand properties like cupertino and they will probably do great as I still feel the cycle has legs .

Learn the process, live through the life cycle a few times, survive some ups and downs, fail in some problems so you know what to do next time, suffer through not so good loan terms, and in the end make some money. 

This hypothetical strategy does not align with my long-term views about the market and my goals for income in up and down cycles. 

"TENANT agrees minor repairs will be handled once per quarter (every 3 months-January, April, July September), and all repairs must be submitted in writing on or before the 25th of the month prior to the quarterly service appointment to be included in that quarterly cycle."

Ideally I would like to partner with someone on my first deal where I can supply the capital and learn how to be an operator in this space through hands on work through the life cycle of the deal.