Mostly favoring the tenants.

As a Broker myself in California I woulld say hands down a 7 day listing for an exchange of a buyer is in your favor.  

., making the long term return is favorable?

It's worth noting, however, that in the long term, housing markets with abundant vacant land can significantly increase their inventory if policies and economic conditions favor builders.In markets like Las Vegas, where undeveloped land is limited, and population growth is strong and steady, housing inventory will continue to tighten.

I have been watching my local market the past couple of years saving money and building credit for my first property.  

What are your rates and fees for a 780+ credit score?

Many times, if you wish to hold the title in the name of an LLC, you may end up with less favorable terms or even find that it's not allowed.If you do find a loan program that permits taking the title in an LLC, it's essential to consult with your attorney and accountant to understand how to proceed.

but if you have $0 in savings, thousands of dollars in credit card debt, and have never set foot inside an actual house for sale, you have no business paying for coaching, or buying houses. 

That all being said, rates can still be had at this point in the 5’s for those with good credit and loan to value.

Will court still proceed and grant eviction case in my favor?