So my vacancy times increased, my tenant quality became less stable, and it just got a bit hairy.But most generally, I think there are better markets in terms of price points, rentability, cash flow, and stage in the growth cycle.

Hi @Mark Robertson, what do you mean by "Its also late in the real estaet cycle"Thank you so much

I'm trying to change the cycle of poverty in my family.

Use professional help if required to cycle these folks out and then screen and select your own tenants. 

The cycle is such that greed overcomes fear, and the people buy.

If you look at the last major down cycle in commercial real estate, the RTC days, that down cycle lasted 7 years.

Not so much in the early part of the up cycle (like now), but when real estate investing is hot and the crowd has jumped on the bus.

First commercial property, looking for input for development.I offer the following as back ground and would ask for your input.Energy booms create many types of opportunities, and after working in three, Alaska, Wyoming, and North Dakota, we have firsthand experience of their cycles and trends.

Bobby the real estate market cycles locally in every market.There are average times that this takes place.For example so long for the market to be stable,so long for the market to increase,and so long for the market to decrease until it hits rock bottom.The pluses right now are lots of motivated sellers in many markets.They held out for a few years thinking things will get better.Now they have accepted it will be a long haul and are ready to sell.Holding out for 2 or 3 years is one thing but 7 to 10 years is too long for many for a property to recover.The plus side is interest rates are low and pricing is great.The downside is liquid capital needed for a regular loan is steep as loan underwriting is tight.If you wait lending might relax with less down but interest rates might rise along with sellers expectations of selling price so you would be at a wash or worse then when purchasing now.The name of the game is too hold onto cash and leverage into a good deal.In the down cycle you buy up as much as possible.

This last statement is mostly driven by my general view that we are late in the cycle and the market seems to be cooling.