Cash is king - don't gamble on appreciation.

Oh, that just reminded me of my Grandpa's land he bought in 1957ish, outside of Vegas for $257, and the family sold it for 1 mill around 2005-06.  ....Good thing Grandpa liked to gamble!   

That however is a gamble too because they don't know if the property is going to even sell much less for more. 

@Kevin Wilson Homestead is a street by street gamble for sure.

If you have money to gamble (meaning you are ok with potentially losing it), you could try it but it is certainly not investing.

Seems like a very high risk low reward investment gambling on putting money in any of these platforms right now. 

:thumbup:Gross leases for operating businesses are like russian roulette, they consume electricity and water, property taxes get adjusted every year, so you're really gambling on A) two line items that the tenant will consume more of (have control) B) property taxes and insurance which you do not--for me, its not worth getting pinched on year 2, then negotiating with the tenant for the entire year just for them to vacate because they can't afford the increase.

Betting on appreciation isn't gambling. 

Unless you have a plan to pay it off in a few months otherwise this approach will eat up all the cash flow and buying a property without positive cash flow is purely gambling. 

Minor framing, drywall, painting, tilework and finishing were all in my wheelhouse, but I knew better than to gamble on the trades and called out subs to quote me on electrical, plumbing and HVAC.