Being in and out of houses all day, every day give you insight on market conditions and allows you to take a pretty solid guess at ARV before you even run the numbers.We still suffer some of the regular problems though - like finding contractors who will show up on time and stay on budget.I have contacted about a half dozen paving contractors to look at a job at my home.  4 never returned the calls, two showed up and promised estimates. 

They are paid a return (and eventually their principal back) via cash flow and/or from the sales proceeds when the property is sold. 

Will she be able to return to NYC to complete the search?

Your returns on invested cash are lower as well.  

I have EXCELLENT credit (almost 800) and am a business owner that showing a nice income on my tax returns.

I'm thinking about putting the money somewhere 'safe'(maybe something like us treasury money market fund) that would give me enough returns to match inflation, so that i could then invest that when there is a downturn/correction/recession, without losing any of my buying power.

You'll start getting the returns you're looking for...some money, education, and experience with less risk.

Banks may look at the income from the tenant as income to you and count 75% or so of it but they may need to wait until that income is counted on a tax return. 

Go to lansing and talk to the manager and see what they have in returns and mis orders .  

If you will accually make offers to buy, lend, wholesale, etc. with your account, you will crush the average stock market returns.