Appreciation vs. Cash Flow

[Bo Black]

I am kind of in the middle of two markets in which I want to invest in. One being a market that has had great growth and appreciation, but high prices causing low cash flow. While the other market has relatively low housing price with slow appreciation but rather good cash flow.

The market with faster appreciation and lower cash flow is a college city, and the market with good cash flow is an industrial city.

What are you going for?