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Updated over 9 years ago,
buy and hold with little chance of appreciation
would you purchase a house that can reliably produce a 500.00 cash flow if there was little chance for any meaningful appreciation? A 40k house with 4 units, section 8, rents for 2000 per month. After expenses including PITI, repairs, vacancies, and some saving for cap x, it cash flows 500.00 per month. Any thoughts?