By doing this will I be able to achieve a substantial cashflow and appreciation simultaneously?

Of course, simultaneously you should be attending REI meetings and building up your buyers list.

If you applied both strategies simultaneously, you could buy multiple at a time now while RE is "on sale" and when it starts to climb down the road, you will have the advantage of many properties gaining appreciation.

What's worse is that many all too many people now believe that the real estate bust was the result of an unbridled free market run amok when in fact it was the result of the inherent moral hazard of simultaneously encouraging the "ownership society" through a Federal Reserve policy of artificially low interest rates and government bailouts, quasi-government corporations backing loans, and other tinkering to prop up an otherwise slumping market.

Simultaneous closings?

You then do a simultaneous closing with a note buyer.

If you or someone you know is a competent contractor in the San Francisco area please let me know.Said contractor was working on his own home remodel around 10/05 and was going to do both simultaneously, saving on costs.

To top it off, you have to try to do all these things while simultaneously juggling the myriad other details of your life while laying the groundwork to become a full-time investor.There just isn't enough time in the day, is there?

Have never had any trouble with double closings or simultaneous closings.

Like I said, I have a conference call with some associates who for 1/2 the profit will fund both my money and the end buyers money and make all happen simultaneously?