Find the one that has been sitting for several months (there will be several) and get a fair priced offer and expect to hold for the next cycle or so

I feel like we are at the top of the cycle and maybe we need to wait for a downturn.

If you have a private card with them apply for a business card first typically they give you 10K as a new business client you can 3X every few months your credit limit on that card and after a few cycles go for the blueprint credit line.

That town always has this cycle of over building then not as much building.

The numbers on some of the properties I've been looking at are quite strong, especially for where I believe we are in the real estate cycle currently.

You can always improve the property but not the area.The area might change and cycle but not in your lifetime which negates the whole point of investing to make a profit.

Hi, I wonder if anyone can explain me recession cycles like I am 5.

At some point will not correct and the cycle continues. 

You may have to weather a few real estate cycle to get to it.  

Used to at the bottom of the cycle you could buy something full at a 9 cap and let it compress to a  7 to 6 cap.