Rents are up  compared to 2020 in my area.

As long as you stay invested and let your hard earned capital continue to grow, you can pick your spots when a real estate opportunity offers outsized returns comparatively to other investments. 

Rents/Divs go up with inflation, and capital appreciation occurs at an unpredictable rate.Yes, you’re giving up returns compared to direct RE ownership, but you’re gaining piece of mind.You could try note investing too.

(Compared to the usual 30-40 year path.) do they think people with a million or millions in stock just got there?

No, they are not 100% passive, but NOTHING you do in a REIT, stocks, Bitcoin, or MLM can come close to comparing. 

When you are comparing a condo to a SFH there aren't many pros but there are a lot of cons.

Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees. 

The softwares that Houston Housing Athority and Harris County Athority are enough to get a good idea on what you'll be making and how your house compare with the others.

I wrote the above for informational purposes.

If I threw the money into SPY, it would be a 104% gain compared to walking away with an 80% gain after fees/commissions.