You mix the shrink/swell cycles of the underlying soil and get some differential settlement across the slab and foundation cracks happen.Stucco, like brick, is a very brittle material that is unforgiving to foundation movement and cracks easily.

Based on the rounded tops (and bottoms) that these indicators exhibit, my forecast is that we are beginning the next phase in the market cycle.

We are still in our first cycle of rent collections.

Feels like we're near the top of the cycle, but I know there is no way to know for sure.

@Greg Rutkowski@Ian McClure But this is how cycles happen and smart people profit from it. lol. 

It may take 3-5 mailing cycles to really connect to a deal.

I have watched the cycles and know that things will trend back in a more positive direction at some point in the future.

@Dulce Beltran The Houston market is in a good recovery cycle right now and is a great place to invest.

or the equity created during the investment cycle? 

But if you use your refi to pay off a hard money loan then you aren't recycling it, the cycle ends there.