I’m not looking for cash flow per se, but I’d like for the investment to justify taking out of my professionally managed stock portfolio which did 20% this year. 

Some areas of cities have older stock.

You can't even change a lightbulb.You or your family can't use or live in the property.You can't sell a portion of a property like you can sell portions of stocks, bonds, mutual funds, etc.

(Much easier said than done, this is just an example.)I definitely agree that appreciation is hard to predict. 

Over the past two years I've been averaging around 25 to 30% on these, a year since as interest rates Rise this causes an increase in the BDC's net interest margin or profits, so you get capital appreciation of the stock price plus 12 to 14 per cent year dividends paid out.

It’s a solid option if you’re confident about refinancing before the higher rate kicks in or if you want to save more month-to-month early on.Option 2 (3.5% DP, Permanent Buydown): Lower upfront costs free up cash to invest elsewhere, and the 5.4% permanent rate adds predictability.

Some could disagree as getting all cash and putting it in the stock market would yield a much higher return than the rate on a loan.2.

To me syndicates are like buying stock, you are not the tail on the dog, but a flea on the tail of the dog. 

Would you be better putting the $100k in the stock market, or in a treasury bill at 4% or do private lending at 10-12%? 

Bank accounts, stocks, all assets.