Real Estate Wealth only come from motivated sellers?

[Jonathan Napper]

In order for the cash flow and wealth to come from a property, must it be purchased at substantial discount? (Whether it be for buy/hold, flip or wholesale)  Can RE wealth and cash flow come from "retail" prices?  Is a fair price for good asset really provide cashflow and wealth?

*Excluding dramatic appreciation increases

[Jay Hinrichs]

@Jonathan Napper 

  sure time case in point SF bay area.. I bought my first house in Palo Alto for 185k in 1984 ... its worth conservatively today 2.5 million.. and this is not a mansion far from it 1800 sq ft 3 and 2 built post WW2  .. on 7k lot.

So yes ,,, but if your talking mid west or other markets that really never go anywhere in the mean.. by the mean,,,, I mean the average prices for average homes then maybe not.