But like most markets, it's getting increasingly difficult.Plucking something from the MLS is tough because there's not a ton of inventory.

Most of CA is a really tough RE market to break into.

It was tough but worth it in the long run—literally!

Meaning, if you only put 5-10% down, then it will be tough to even get a HELOC.

I may need to be paying off rentals in high market times such as these when it is tough to find a cash flowing property as more and more rental income will in turn be going towards principal and not the bank.

The way I see it is most homes will cost you 25% down and renovations out of state will be difficult or very expensive so the ability to force appreciation becomes tough.  

IE the buyer themselves buys low end tough to manage assets because they look great on paper.

Marketing material from commercial brokers in all 50 states, for all sorts of NNN, isn't useful, and you aren't going to really get insights until you narrow your focus a bit.Starbuck is a nice easy thing to watch b/c they are all over and, since Americans have largely replaced their trans fat addition (McDonalds, Burger King) with a sugary caffeine addition (Starbucks), it's likely going to do well for a few decades. 

,If you’re constrained by equity, it's going to be tough to find deals that pencil out in this environment.

With no experience, you will have a tough time finding deals, finding private equity, and finding financing.