Destruction of wealth, or natural economic cycle?

Option 2 would take longer to purchase another, but after my money would be pulled back out of the deal, I could reinvest it all and continue the cycle, acquiring a bunch of properties in a short amount of time.What would you all do?

Sometimes work comes in cycles and the Bill's keep on coming.

Could you find this kind of gain at this point in the cycle?

I just graduated a year or two ago from college and that was a Sept-Sept cycle.  

I had a record six rehabs going on at one time this summer with a total of 11 in the "cycle" - 3 were sold waiting for closing and 2 were under contract waiting for me to buy :)  It has been a good summer for sure.But I want to do more.  

The cost of cycling a tenant between lost rent, time showing the property, refresh (paint, repairs, etc) can be costly and takes time to recoup.  

I saw that the current owner did not always pay the bill on time and that the bill averaged out to about $1,600 per month ($3,200 every billing cycle). 

In most markets looking for a B class multifamily at a true 8 cap at this point in the cycle is an absolute pipe dream.I used to focus on larger multifamily 4 to 5 years ago when coming off of the bottom.

So it's 100+ pages that basically go through the life cycle of a loan explaining every step of the way.