There are stories of family’s that have had multiple generations build wealth through owning land, real estate, oil, etc. that have lost it all in 1 generation!

With an economy partly cyclical (oil), if you get $100/barrel in a few years, you might find a booming local economy and houses like this selling like hot cakes--and you'd have inventory!

Other than WWII and the Oil Embargo, the real estate cycle normally takes roughly 18 years to run through all  four phases, resulting in a nationwide crash.

The problem is when people say this process is snake oil, magic or double secret prime ....