OPINIONS NEEDED- cash flow vs long term property value

[Troy Bleth]

would you rather have 1 home valued at $500,000 which cash flows $1000 per month and be paid off in 10 years or have 3 homes valued at $1,500,000 total which cash flows zero dollars per month and be put into 30 year mortgages ?? 

Is cash flow king ? Or if I am able to play the long ball game would the history of rising property value be more beneficial in the next 10 years. 

Thanks !