It won't go smoothly.Somehow we've survived over 300 years as a culture in North America with real estate not going smoothly.

One of the main reasons I started my business was because I wanted to build wealth. I

Captured equity for massive balance sheet wealth is my bread and butter.

You could use "Lord of Land", "Prince of Parcels" "Property King" "High Priest of Real Estate" or "Guru Mentor" but I'd just go with my name without a title or just "Owner".I get a kick out seeing a person's business card with "President, CEO" of something like American Real Estate Enterprises.I know some pretty wealthy business types, their cards are more likely to be just their name centered, the lower left in smaller print is an address and a phone number on the lower right.

The Phoenix market has had large swing in home prices that has made a lot of savvy investors very wealthy.

With the finishing of the cultural trail in that area and a lot of money coming in it seems to be growing.

Capital gains tax rules will change (it is seen as a benefit for the wealthy and is often debated), I would take advantage of that one while I have the opportunity.

@Joe Mueller My goal was to build wealth. I

If you want to build cash I would recommend fixing and flipping if you want to create wealth I would engage in the buy/hold strategy.

@Joe Villeneuve and @Kyle Soderman illustrate the "wealthy" mindset: how to use money to make money and devote your time and intelligence to knowledge and wealth generation.