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The author prepares the real estate investor for downturns in the market, survival and even prosperity during this period. Divided into four sections, it provides an understanding of real estate cycles; discusses the nature of problems that owners of real estate are faced with and techniques for dealing with them; examines the actions that can be taken by the owners in an attempt to minimize the effects of the downturn; what purchasers must consider and the protection they need before purchasing distressed property.