It happens in every cycle.

Darryl the bottom line is some asset classes in some areas are currently just too frothy to invest in without substantial risk to capital.If you can weather a downturn for the next up cycle then it still might work.

She had, I guess, actually made a foray towards buying the property herself last year, but it fell apart, according to her words, because of a credit issue caused by a third party.My plan was to keep the rents the same and have both tenants sign a year lease to get them on the same cycle.

As we move into another cycle where money is starting to flow, appraisers seem to be carrying the brunt of verifying the houses are in good shape.  

Generally complete asset cycles happen every 7 to 10 years.

Hi Shital Thakkar - we feel that there are appropriate assets for all types of geography, ROI goals, risk goals and times in the market cycle.  

If a couple working at Walmart can afford a simple 3-4 bedroom home in a given market, you're not going to get hit very hard in down cycles.  

"Look, there's no question, we are at later stages of the real estate cycle.

Real Estate historically, runs in 7 to 9 year Cycles.

I wouldn't flip houses in this market cycle.