If you're gambling on huge future appreciation, flyover country is not the place to be.

Someone tell Rich to stop gambling and to come educate the common-folk!

I like gambling analogies for real estate because, despite all the mumbo jumbo that sometimes gets thrown around, luck is a huge factor in your actual returns.

So, that's about my minimum for buying a rental.OTOH, I don't want to be dealing with a tenant for just $10 a month, even if that is getting me a 20% cash on cash return.As to your question, the number your asking about, in gambling terms, is called "variance".

. $5k for a 4,000s.f. house.3) Where my risk/gamble is, is that I like changing use of properties... converting bootlegged 2 units back into SFR.

I haven't found anything but spam in 'funding' sources that end with .com.  

I took the gamble in 2011, because I knew prices were at multi-year lows.  

This sounds like it is gambling or drug related.

We travel for business; in our spare time, we gamble, visit museums, go to the beach, and watch movies and TV with video on demand via a high-speed connection.http://www.esri.com/data/esri_data/ziptapestry

All we have are basic markers in a persons past to measure by and I will not be forced to gamble my business on their future behaviour.