When the RE Market and Business Cycle are back up at the next longterm Highs you can sell you Home and move into your Rental and do it again.

Here’s the real facts; it’s HARD to scale, even is someone is very successful on a small scale it hard to FIND the same type opportunities in bulk, when you do expenses increase geometrically because most of the tasks you do will be farmed out; people are unreliable and a key investor may back out the day before his money is due; some lawyers love to kill deals, sometimes people who ‘talk a big game” don’t really have the money or courage to invest and use “my attorney killed the deal” as a face saving mechanism; and if you started investing after 2009 you have NO IDEA what a market cycle is like.  

You can make a buy, renovate and re-sale opportunity work in any stage of a market cycle.

I would provide the renters with a trail map to cycling focused destinations (breweries, bars, restaurants). 

., Landscape Architect, General contractorUsually how would you go about the life cycle of the project.

Time - Unentitled land takes 2.5- 3 years to go full cycle from contract to exit.

If I wait for the leases to end this could take at least one rent cycle since the leases don't currently align. 

Those markets collapse and fall further in a down cycle, so be cautious.

Listen to people who have survived market cycles✍🏼Underwrite extremely conservativelyDon’t factor in that cashout refi, stress test the deal with higher rates and lower leverage, focus on your exit CAP rate projections, rent growth projections, tax and insurance increase projections.

This book will explain each market cycle and give you an idea on how to apply it to your current market.