That's a gamble.

I guess banking on rental appreciation is the same as banking on equity appreciation its what everyone on this site calls gambling.

If money wasn't automatically taken from peoples paycheck for gambling in stocks with outlandish PE ratios today, and no real business in 2001, I doubt they'd sit down the weekend after pay day, shop for stocks, and place buy orders.  

It could appreciate but I consider that gambling.

If you do equity only your basically gambling to some degree.Buying negative cash flow assets is better then not buying anything at all however.

That is not investing, that is gambling.  

If your plan is to buy and hope that any property just goes up, I suggest just going to Vegas and putting it all on Red on the roulette table because hoping it goes up is just a gamble if you don’t do the research and have a game plan.

I now pass up properties that I would have bought in my earlier days when I was more willing to be aggressive and gamble because I knew that I was willing to hustle more to make a deal work.

In the end, we decided not to tent, knowing there was risk the termites could still be active in the addition, or could have fully migrated to another location, but I felt okay with a 90% inspection.Well, I lost on that gamble.

You realize that many of the lawsuits were filed by competitors (proctor gamble).