Is it wise to buy some units with high cash flow and low appreciation, and others with lower cash flow but high appreciation to diversify my portfolio?  

But 1k a month in utilities definitely seems high.

If it's a horrible, very high crime area (and that is also relative) and you will never manage any part, in that instance I say run.

Not everyone can do that but with high interest rates more cash is needed.

Hey Andre,If you are up for it, I would highly recommend buying a home that you can do renovations on to force equity!

Rural town but within walking distance to an elementary school, a high school and a nice restaurant.

For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.

Because I live in a neighborhood that has no crime but it shows up as very high crime because we had two neighbors who would call the cops over each others dogs barking so it lit it up to show it as negative…

A too high price will translate in a low ROI.

I would highly recommend getting a single member LLC.