Exploring different investment strategies

[Andrew V.]

I'm looking to build out a real estate portfolio over the next couple of years so I'm exploring different investment strategies. Would love to get insights from folks that have been doing this for awhile. 

Here are some questions that I have:

1. Cash flow vs. appreciation? What do you bank on more, and why?
2. Asset type? SFH, multi-family, commercial, condos...? Why? What other asset types have you explored and why did you choose against them?
3. BRRRR, buy & hold, flip? Why?
4. Do you look for properties to fix up? If yes, cosmetic work or major renovations (conversion)? Are turn-key properties not worth the premium in price?
5. Location? Major metro areas, suburbs, rural? Why?
6. Tenant profile? What do you look for in tenants? How important is tenant profile in your overall strategy?
7. What's next for you? If everything goes well, do you plan on continuing on doing what you do or get into other areas of real estate (ie move from SFH to multi-family)?

Any feedback is much appreciated.