People can say otherwise and use all sorts of algorithms, graphs, charts and guesses, but knowing when a market is near its peak or will continue to go up or whether it has bottomed or will continue to go down is just not feasible.

I completely understand the distribution of world wealth, in fact, I own several properties in South America and I see the realities of the triangle graph you posted every day.

If anybody would like to follow this and help keep me accountable, as I finish my goals detailed above, I will post updates, also when I develop new goals, milestones, etc.

Hi @Essien , Congratulations on your mile stone. 10 years ago I was in your shoes in Lynnwood, Trying to figure all of that out myself as well.

Compare Your Findings for your Break-Even Calculation, Your Refinancing Opportunity Cost, Net Income for Airstream, ROI for Airstream, with your goals and timelines.If you really wanted to, you could chart or graph your findings, which might help show you interested trends such as if your timeframe is less 3 years it makes sense to refinance, but if it's longer than you'd want to do the Airstream, or something like that.

I've rambled a little but I agree with you, people don't present the whole picture even when they show you their charts and graphs.

@Russell Brazil Congrats on this milestone. 

It means you will need money down for purchase (and closing costs) money to service the loan while you work towards your exit strategy, money to start the rehab until you at least the first draw (since our rehab is available at each milestone in arrears) and money for cost over-runs, miscalculations and when that exit strategy of yours doesn't quite pan out as optimistically as you hoped.Another thing that might be useful to do is to network and for instance line up someone who is experienced to perhaps look over your calculations.

A good free meal is great to show you appreciate their current work and effort, but do not expect it to completely change how much they’re getting done in a day.Setup a milestone payment schedule with clear bonuses that they can achieve if they beat those schedule milestones at the same level of quality.

The line graph for housing prices never remains completely straight and it’s often difficult to predict where things will turn next.