No one can predict what market conditions will be like at the end of a project’s hold time.

It depends greatly on your investment goals, but I look for cash flow first as it is more predictable while appreciate is icing on the cake, as you said, because it's more speculative.

Freddie Mac was recently predicting 3.7% average 30 year by Q4 2022  along with almost 7% annual price appreciation in their quarterly forecast. http://www.freddiemac.com/research/forecast/20211015_quarterly_economic_forecast.page?

It's impossible to predict what the cap rate will be 2 or 3 years from now when you refi, so I generally assume that the cap rates will rise a certain amount from when you purchase to when you sell/refi to be conservative.

We are at 75% capacity and cash flowing as predicted with a healthy profit after all expenses and reserves are considered.

We are at 75% capacity and cash flowing as predicted with a healthy profit after all expenses/reserves are considered What made you interested in investing in this type of deal?

Nobody at Goldman can predict the future.

For the contract stuff you should talk to a lawyer about that and someone already utilizing the strategies you are discussing, know the risks of the strategy you want to implement before moving forward and maybe try to shadow someone already doing them.Again my initial recommendation is that you put your work ethic and drive toward something with a more predictable payout, stop wasting hours working for Walmart, bring your earnings up and continue learning about this industry and then make a move for something bigger once you have a nest egg built up and have taken the time to develop enough skills to make it in whatever you decide to pursue.

Climate experts predict the high heat and humidity are going to make much of the Mississippi River valley uninhabitable.

I am buying a place on the west coast as a short term rental(cash flow focused) but the more I look into it the more I believe there is significant potential appreciation. This town is isolated from others and severel...