Different states are cycling at various cap rates and price points for NNN right now.2.

At this point in the cycle it's very easy for new, wannabe active investors to get burned! 

Its really a vicious cycle.. the newbie uniformed investor buys a hood property for cheap basically loses their entire investment .. sells the to the local wholesaler who sells to the local rehabber .. then they resell to out of area or uneducasted buyers and the cycle repeats.

Patrick does really great analysis of the SF Bay & RE cycles.)http://www.paragon-re.com/3_Recessions_2_Bubbles_and_a_Baby (scroll down to HAI section, which didn’t exist before I met with Patrick last Friday, 4/24 ;)GTD Inspiration – ALL ABOUT TAKING ACTIONIn a way, this is a little bit of a repeat of the SF Real Estate Summit that I put on last November (with the 2nd annual event in planning..): By reaching out to those more successful than myself, and showing them the effort I’m putting into creating something valuable for everyone, it attracted amazing investors I never could have imagined!

Financing:  Financing argument is all correct and makes sense in theory but please don't listen to them especially if you believe we are in the later stages of this market cycle. 

You probably want to consider where we are in the market cycle and where the market is going in the next few years.

Occupations that are not going out of business due to a market cycle.

Just wanted to see what some of your thoughts are on the debt crisis and how it will affect real estate in this next cycle. 

He has also testified in front of Congress in regard to real estate market cycles!

They pay the taxes to save it from tax sale and then start the cycle over again.