For as long as I can remember, there have been issues with shifty tenants failing to pay rent, random components of the homes breaking on a regular basis, which is accompanied by a sense of unease.There is also the undeniable truth that mobile homes quickly depreciate, offsetting any positive cashflow over the course of the home's lifespan, when in another 15 years I have to purchase another mobile home to replace the decrepit replacement.

COVID has undeniably caused all kinds of hardship for many people financially, emotionally, mentally, and physically.

Getting a mortgage (that you pay on time) helps your credit, it is undeniably true, but there's some nuance in the early/mid-stages of it, where you are at right now.

I would say, for the time being, make yourself undeniable.

Again I have friends and colleagues making a killing on STRs, but it's undeniable that the business model carries an enormous amount of regulatory risk.

What do you think about my possible ROIs because to my knowledge they are all very possible and some even somewhat conservative (#2 is 100% undeniably true, #3 is also undeniably true when talking long term, and so are the other 2 honestly as far as my knowledge goes).Ex: Purchase Price: 75-100 unit @$4m-$5m PP, $1m downACCURATE CONSERVATIVE RETURN NUMBERS FOR APARTMENTS (Can apply to Single and Multi Family as well):Income #1)Cash flow:@7%-10% ROI =$5.8k-$8.3k/month =$70k-$100k/yearIncome #2)Principal Pay Down: @33% minimum of $3m-$4m mortgage ($15k-$20k/month mortgage) =$60k-$80k/yearIncome #3)Appreciation: @2% =$80k, @3% =$120k, @4% =$160kIncome #4)Bought Below Market Value: @5% =$200k, @7.5% =$300k, @10% =$400kIncome #5)Other Value Adds (Not Renovations): @2% =$80k, @3.5% =$140k, @4.5% =$180k, 7% =$280kYearly Reoccurring ROI On $1m:1)Cash flow =7%-10% ROI2)Principal Pay Down = 6%-8% ROI3)Appreciation =8%-16% ROITotal =21%-33% Yearly Recurring ROI ($210-$330k On The $1m Down)One Time Only ROI:4)Bought Below market Value =20%-40% ROI (@5%-10% Below)Total =45%-71% ROI ($450k-$710k On the $1m Down)5)Other Value Adds =10%-28% ROI (@2.5%-7% Value Add)Total =55%-100% ROI ($550k-$1m On the $1m Down)As well as basically no taxes paid on all of it...

Only problem I could really see is that you cant just put the property price to whatever you want, however you can put it to whatever amount people are willing to pay, and people are willing to pay for 6-7 caps all the time and the math is basic undeniable math, so I really cant see what i'm missing.

To answer your question, as others pointed out, cash flow is considered safer because even though you might not be able to keep up with repairs etc, at the minimum you'll be able to pay the mortgage and benefit from that long term loan paydown.HOWEVER, it's undeniable that people who caught the wave after the previous recession, in strong appreciation markets, did way better than people focusing solely on cash flow.

We see undeniably great return in Kansas City, MO. 

My takeaway: money is undeniably an instrumental good, we really only desire money for x or y, to do this or that, and it is what you might call a necessary evil (although Socrates obviously didn't think it was at all necessary).