You’re right — in the Midwest there’s actually a huge stock of properties that are well over 100 years old.

Perhaps use some of your rental profits to invest and dca into the stock market. 

Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to,, “Maintain to the Neighborhood”.Why is that important?

Equity is like the stock’s appreciation, and the dividends are your fixed mortgage compared to rent that keeps rising.

How can I learn which builders have their heads in the sand and are providing the weakest incentives or aren't fast in lowering prices to meet market demand these feel like the best opportunity to short their stock for maximum profit 

In this situation, where there is no W-2 job or other earned income, the net income from real estate operations could be treated as subject to self-employment tax (FICA).It is therefore essential to maintain accurate and detailed records documenting your level of participation, income, expenses, and management activities.

Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to,, “Maintain to the Neighborhood”.Why is that important?

I don't know...The podcasts talk about how real estate investors should aim for minimum 10% return on rental property since stock market gets around ~8% and doesn't require any work. 

Buildings that align with those tend to rent better and retain tenants longer.Supply constraints + rising construction costs mean renovation, adaptive reuse, and repositioning of existing stock are strong plays.Secondary and tertiary markets are hotter than ever.

Is it the ability to find cheap housing stock, the high rental demand, or something else that helps you recycle your capital effectively?