Don't gamble with the money you can't afford to lose

Will you tend to be super picky with tenants, or be willing to take the first gamble that meets your qualifications (since they are all truly gambles anyway)?

If you want to gamble with your money, go to Las Vegas.

There is a difference between investing and gambling/speculating.

And I am adamantly sure, in regard to that.However, I did decide that without much capital and a conventional work schedule (I work offshore), my options are initially limited. 

Essentially gambling that the value of your leveraged assets is going to increase over time.  

But the locals know the values and if the markets were devoid of outside influence's  IE CA or off shore investors the values would reach a true fair market value ( much lower than it is being offered to CA investors)..

That roof job was not cheap.It's up to you if you want to gamble a low ball offer w/o knowing what kinds of sins are underneath that roof and tile.Can you get work done reasonably or will you get held up by high priced contractors?

I am not saying people do not make money in stocks I just see those more of a gamble.

Only hold onto it long enough to break even and then sell.Even holding onto a property until the market recovers is a gamble in profits vs. loss.