Since half of S^P500 index is heavily influenced by three stock only MSFT/AAPL/AMZN/GOOGL this gives illusion that stock market is doing well, while performance between tech heavy index and small cap index is varying in great deal. 

Historical data, as you pointed out, will tell ultimately.That's tough though, with that little cash flow.Read up a bit more on rent to own and connect with a few of the BP members here that are involved in it heavily.  

Been covered heavily in the last few weeks. 

Tell him to keep the sidewalk heavily salted if it is at all slippery.

I will keep it heavily in mind!

I'm not saying 10% cashflow on multi's doesn't exist in today's market as there may be other folks on there able to generate that but they're typically on more heavily distressed assets and we haven't been playing in that space or something super creative and outside the box (subject-to/seller finance with an unsophisticated seller).

Tbh the best thing is to read books, self educate heavily, network and just try to get in the first deal.

Final note-i just read west Michigan towns are heavily regulating short term rentals.

For me, investing out of country from Europe, investing in somewhat local region from where I grew up, I have relied heavily on good property managers.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.