Small multi family that you can add value to is the sweet spot in my opinion, but extremely difficult to find. 

I've helped quite a few investors acquire, rehab and manage several properties in KC over the last 6 years and virtually all of them who did this with low-end, inner city properties have failed HORRIBLY.I truly believe there is "sweet spot" for good buy & hold SFR deals in & around KC. 

Pricelabs Market Dashboard is sweet for the price.

I'll do the conventional loan on this property but for my 3rd-10th I think I'll do DSCR, especially if rates go lower or I find a very sweet deal.

I just found and negotiated a sweet seller finance deal with a section 8 tenant for one my clients and they are cash flowing around $500/mo with a 4.5% rate, 35 year note, and 4 year optional balloon. 

Say you've found a motivated seller, and you shoot them an email with your sweet new HMFIC (at)CaligaganHomes.com email address, and they decide to go to CaligaganHomes(dot)com to check out your company..only to find that your company doesn't have a website.

Sure the market dips, but it has always come back and then some.Find something you can afford, the sweet spot is not a stud out remodel as you are competing with flippers nor cosmetic rehab as you are competing with first time home buyers looking to house hack.

Big wined up for, I don't know much about multi family in the Dells. 

However, any bordering of a high-end neighborhood and low-end neighborhood is where i happen to find the "sweet spots". 

Your update about "Cash Flow City" Beer reminds me of a bastardized "Dumb and Dumber" quote:San Bernadino, where the Beer flows like Wine and the women instinctively flock like the Salmon of Capistrano :)