So if your property is performing at a 7-cap today, and the market takes a 10% dip in resale prices three months from now, your rental property will still be performing at a 7-cap in 6 months (after all, the same tenants and leases are in place).Real estate market cycles are long and slow and complicated, and they generally trend upwards in the long run.

The vast majority of the truly off-market deals (if they exist in this stage of the cycle) are fed to a few choice buyers who the commercial agents have a solid relationship with. 

Or does KC, KS have sheriff sale cycles?

There are a lot of variables.What I like about commercial real estate for myself is if I develop a STNL property with a long term 15 or 20 year lease and the average real estate cycle is 7 to 10 years then I can decide when it's best for me to sell or refi.

I tend to only raise rent now when I cycle a tenant out but I'm well beyond breaking even so the economics of it are different.

I read the beginners guide to real estate, and based on my interpretation of the section about the RE cycles, it seems pretty clear that this is a "Bad time to buy"However, I also read the section that "Not acting" is pretty much the worst thing to do.This is creating paralysis from analysis!

Real estate is cyclical meaning over time ( usually 10 year cycles ) it gets really hot and then gets really cold.

There is virtually unlimited amount of short term investor rehab money for these deals available nationwide, at least in the current market cycle.

Even though they had little cash flow they had big equity gains that way surpassed what the cash flow could ever be in those areas.If you buy at the right time in the cycle then just by buying and holding you can get increased equity through rising values with comparable sales with residential and cap rate compression on the commercial side.

As I understand (non-legal opinion here) tax foreclosure in Calif goes like this:owner get a delinquency notice which occurs twice a year (each billing cycle)after 5 YEARS, the County begins the foreclosure processof 3 NOD (one/30 days) and the final NTS(20 days after the last NOD)the actual auction saleASSUMING it is sold at auction (not all are), the redemption period begins.