Cash flow is important because 1) you need to stay solvent and if you're bleeding each month it's going to be hard to buy new properties and 2) banks want to see positive cash flow.But generally, the real wealth in real estate is through building up equity.

If you owner occupy and rehab the home around you great while looking to sell at the 2 year and a day mark or later (to wash up to 250K as a single owner occupied/500K if married).  

FX, Crypto, Flipping Houses, Sub2, Gold and Silver, Rare Earth Metals, Day Trading, Bernie Madoff, Vending Machines, Car Washes, Amway, any MLM.....whatever the dream of the day is.In all of them, you can make money, you can get rich, but almost always it takes a lot of hard work, blood, sweat, tears, missed holidays, working on weekends, money, risk, stress.

We washed the concrete with a garden hose and chemicals.

So, at the end of the day It’d be a wash or a little loss, cashflow wise, on one house and I’d gain ~$300-400/mo on the other house.

Is it office, multifamily, NNN, car wash, self storage, debt fund etc.

I found that every property manager I encountered was a washed-up Realtor who couldn't hack it in sales and reluctantly resigned themselves to "slumming it" in property management. 

The spreadsheet shows the net worth after 30 years is basically a wash between selling and renting it out, so it's difficult to justify keeping it. 

Appreciate any lessons learned you may have.I'm a real estate investor in Wash DC and in Charlotte, NC.

Just had a vacancy near Wash Park where the previous renters had been there for a few years and were paying $2,200.