This is why I like properties with positive cashflow...

[Greg Scott]

I've seen a lot of people on BP saying they want high appreciation markets.  Some of them will tell you to not worry if you have negative cash flow because after the property appreciates and rents go up, you end up making more money.  I've gotten into debates with a few of them on this forum.  While I love high growth too, negative cashflow has always seemed overly-risky to me.

Now many pundits are predicting housing prices to drop https://www.msn.com/en-us/mone...

And others note that rents are not rising as much as they had https://www.msn.com/en-us/mone...

Unfortunately, if you bought a negative cashflow property hoping for appreciation, you may be waiting a LOOOOOOONG time to get back to positive.   I hope you have a big pile of cash to make it through and don't lose your job once the Fed creates the recession they are looking for.  Meanwhile, those cashflowing properties are still paying their owners.