Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Many people who run those businesses have their own furnishing inventory that they need to change out/cycle through every so often.

To be direct Mike, I don't care how it works in other market cycles/ times, because we are not in those!

I am not very knowledgeable about cycles of Alberta economy but is this normal? 

Across the country states are on different codes cycles and this too causes confusion. 

If your friend asks management, the manager will probably cite the lease as saying they are not responsible for the lost food costs.We are probably looking at $200 to $250 worth of food (at most), I'm assuming.Bologna, frozen chicken parts, frozen dinners, pop cycles, milk eggs, etc...Enough that a paycheck to paycheck person will feel the monetary blow.Tell your friend to go down to the local food banks and pick up some food for a week or two and eat like a king.Good Luck!

The Rental business, especially financially, largely revolves around 30 day cycles, it is best to stick with that.

Even long term capital gain rates have reduced, many chose to pay the tax as properties are getting too expensive or price is at apex of the cycle.

I'm looking to take action and begin this investment journey.Quick Question For You Guys:What tool is most commonly used to understand where a local market cycle stands?

But I really think that it only takes one real estate cycle to turn someone into a multi-millionaire, as long as you know how to ride it.