I will strongly suggest this. 

Stocks could correct anyday but the fundamentals with employment and housing remain strong.

.- Creating a presence in the local market and working with other investors / realtors.

When the market began to crash in 2008, demand for some assets disappeared immediately while demand for others continued at a strong pace almost 2 years. 

I have strong vision with projects.  

Also, I strongly believe becoming a Realestate Lawyer would greatly help in the long run but don't want to deal with school loans.

The reality is the big players will have a strong deal flow and will come up with deals they can't take into their existing pipeline.  

I want to make him a strong offer that would work out for both of us but i'm looking for good cash flow. 

I strongly recommend you take your time to learn and to find what interests you before making any major decisions.  

For starters, we have some of the lowest non-owner-occupied rates in the region: Under 50%, as opposed to the regional average of about 65%, and with nearby Seattle bursting at the seams, tenant demand is strong and should stay that way.