Won’t change much of ur financials, but good to get it all covered.

The only Midwest investing that makes financial sense for most CA investors is true MF (properties with large number of units). 

I'm seeing a financial planner who will help me model different scenarios after he inputs all my financial data.

This is a good place for financial advice.

The issue with TK is that when you only cash flow $100-200 per month you are inherently putting yourself in a financial strain in the event something goes wrong.Being able to only net $1,000-2,000/ a year is making everyone else wealthy except the actual investor/risk holder.

The sellers that want to capitalize on the market will likely have a challenge finding a replacement property that financially makes sense/worth making a move.There is a lot of opportunity in the RE market, not just being a buyers/sellers agent. 

Do you recommend any financial planner/advisor in Bronx or Manhattan area?

However, I do not go about telling other investors to avoid such investments or make blanket statements that all advisors associated with conventional financial products are just out to make a buck and do not have their clients best interest in mind. 

You can leverage your time to work on SEO - but in DMM - you're capped by your financials. 

How much ... depends on what you think would make sense to you financially.