After formulating my plan, and identifying my target markets, I miraculously was able to secure funding from someone who trusted my vision.Last year, I attended 2 tax sale auctions ( Carroll County MD and Washington DC) and invested $113,000 in 5 liens. 2 were redeemed on their own, and I moved to foreclose on 3 of them, and ended up generating 10% profit overall as a result of interest.

Everyone has a different opinion on where we are in the market cycle.

Past that 7 year mark seems to me to far to forecast in economic cycles.

Once the broker has their cut, $21,000, I am 100% commission till my anniversary date, January 10th, then the cycle starts over again.So you get a higher split and great education for someone just starting out.

We are at the top of the cycle and every asset seems a bubble close to bust?

Again, I'm no expert but the multitude of experts who have appeared on BP's podcasts have said repeatedly that this is bad advice and it's simply harder to find deals during this stage of the market cycle; not impossible.

I would say the market is approaching the top of the cycle for SFR.

Being that I come from a “Rent first” type family and growing up and realizing the cycle we are in!

When we had a cycling studio we put it on google maps - good suggestion.

Human behavior always traps us in vicious cycles, where cash is only used as a stepping stone for more leverage.