Hi MikeI am a realtor in Grand Rapids, Michigan and i focus on investment properties.  

Demand on the other hand can change rapidly (supply cannot keep up with demand) - when the govt drops rates demand ramps up quickly (and supply cannot keep up so we see an increase in prices).

A good property manager is worth their weight in gold!

You buy a chalk bucket, special shoes, tank tops with motivational quotes, kettlebells, a $200 sandbag kit, pullup bands, a weighted vest, a tabata timer, a tractor tire, rope, etc.

Bring some options considering the weight and uses, and see what deductions you can use it for.

Go upper Manhattan and go for smaller size.In Manhattan, the price goes up rapidly as size goes up.

We saw inventory pick up a little bit going into Q4 last year, then decline rapidly.

Absent a large syndication deal, I think the answer is going to be flipping/trading in a high velocity environment where that money is turning over rapidly.  

Here's what I do daily: - drink a liter of water with a scoop of wheatgrass as soon as I wake up (this helps me get ready for the day, wakes me up and hydrates me) - do some form of exercise - ride my bike around town, run, lift weights, play basketball, etc - read something - right now I'm reading a book on TED Talks to help me become a better public speaker - look at my vision board which is a big poster on my wall, the background on my phone and the background on my laptop (it would be impossible to miss it!) 

I know whenever I've vetted a deal I don't give too much weight to owner provided numbers, opinions of a listing agent, etc.