Real Estate is an excellent investment, it follows a cycle. Owners & occupants stay put but speculators buy and sell. Exit strategies are important before you buy, decide on one buy and sell, then buy and hold. Foreclosures are the highest its been in years. You make your money when you buy. Identify which phase of the foreclosure market you want to work. Decide how you will find foreclosures. Identify at least two exit strategies.