Obviously having both is ideal, but appreciation trumps cashflow over time, and it's not even close. 

@Donald John Kuebel - It's sometimes difficult to find a CPA who both specializes in real estate and is located close to you in Baltimore.There are lots of good CPAs and Enrolled Agents on Bigger Pockets who work remotely and have clients all over the country.

Here are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

I was under the impression that the state law of 4' maximum setback superseded any other jurisdiction, but I recently heard that in the Coastal Zone, this is not the case, and local coastal program (LCP) guidelines actually trump the state law when it comes to setbacks.

Good morning,I highly recommend Donald Butler and his team at Butler Squared.

@Cody MorrellHere are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

For example, during the height of the pandemic there were some Trump Hotel units selling at a pretty steep discount but the management fees killed the deal - at least for me. 

It appears to be a joke.I see zero rentals in Trump Tower on VRBO.

When our President remove most of the free market policy's the President Trump put it place, it had a direct effect on the cost to do business.  

Hi Donald,I have found the furnace/ water heater plans from your local gas or electric company useful.