"Can I put Christmas lights on the roof" "No our policy is tenants can not climb onto the roof"         -because of that one dude who fell off the roof that one timeBecause we self manage, our company consistently out performs the big PM companies when it comes to rent rates, vacancies, retention and turn time.

If the real estate gains 10% value, you'll earn $2 million profit.That's just one example of how real estate can out-perform stocks.

A very good First Trust deed will cash on cash out perform most of the Assets in the so called Cash flow markets..

In these cases buy-and-hold ROI outperforms flipping ROI, and would outperform appreciation ROI.

You sell investments that are no longer attractive based on their current performance and your expectation of their long-term performance.If you expect that your real estate investments will outperform your existing investments - then you have a valid reason to sell some of them.

These are passive and usually out-perform direct real estate. 

I’m not smart enough to outperform the stock index.

You basically think to outperform the US residential real estate market that performs like 80 mph, with European real estate that performs 30 mph, as of right now LOL In Europe they don't have 30 year fixed rate and property is losing value because owner can be forced to sell to market condition.If you want to hedge the market just short VNQ but I guess that's too late, I bet this is the best time to buy (US and European) REIT, and hold til December 2031.

Some deals wildly outperform their pro formas because of outside factors like massive market appreciation.

We usually far outperform their results, simply because we have the time to respond to inquiries, questions, and calls for repairs within an hour.