Then fix it up, and get it fully rented out/performing.

However, many value investors much younger than Buffet continue to use value investing principles to regularly outperform the market.

Cash for car doesn't help you one bit if you can match or outperform the debt... 

Your in an area that should outperform others. 

Arizona would outperform Indiana from an appreciation standpoint historically but that's a significant negative cash flow not just -$50 a month and could I raise the rents enough and at what year would I at least break even?  

For any IB strategy someone wants to devise, I can devise a plan to outperform it, and I can guarantee that my plan is simpler to set up and understand.For a while I had a term life policy because it was dirt cheap. 

All things being equal, many west coast coastal cities are going to outperform the median and below median properties in the midwest that get a lot of attention from out of state buyers. 

So you have $2,000 adding $2,000 annually earning 5% over 25 years bringing in $102,227 Or $1,000 adding $1,000 towards real estate annually earning 8% over 25 years bringing in $79,954 In order for the $1,000 going into real estate to outperform you will need to increase your rate of return.  

I function on 4-5hrs a nite - not cause I love to work...that's all I seem to need & can usually out perform the Road Runner.

A winter tire will out perform any AWD on non-winter tires.