Cash flow vs Appreciation properties

[Jordan Sutherland]

Hey everyone,

I'm 33 years old and new in the whole real estate investing thing. I'm closing on my first investment property in 1 week! I have heard a lot of different  opinions from friends and family about real estate investing and what kind of properties to buy.Im interested in buying properties and keeping them for the long haul to gain financial independence. My question for you is this: Is it better to purchase properties that are in lower income neighborhoods that will make good cash flow and good CoCROI, but poor appreciation? Or is it better to purchase properties that are in middle/upper class neighborhoods that will provide poor cash flow and CoCROI, but will most likely appreciate very Well and attract good tenants? Thank you all for the input!