One of the posters was adament that anything that does not produce a very high current cash flow was not an investment, but just gambling.

A lot of people like gambling too, but that doesn't  make it a good investment. 

For example an investor cannot have a business on the property that engages in any of the following “sin” businesses: any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, racetrack or other facility used for gambling, or any store the principal business of which is the sale of alcoholic beverages for consumption off premises.With these factors in mind, I would think caution would be in order for any investor looking to defer taxes through this program.

CASH FLOW is everything  appreciation is gambling that was spawned by the gurus coming out of the GFC.. now buyers are pretty much smarter if they buy an investment they want it to at least break even  not massive negative in most instances..

Find a good property manager is a big gamble when you're switching markets....

Lastly, if you plan to sell the property before your loan converts, then you're gambling on the market, for you do not want to be in a situation where your mortgage is worth more then your home.

The other advantages (appreciation, tax write off, principal paydown, etc.) are, overall, more important.kind of blasphemy on BP with the CASH flow is everything and appreciation is gambling crowd  LOL. 

You have to have time on your hands, be bored and have some gambling money to choose sue.

Buying in Baltimore , IMHO , is not investing , its gambling , and the odds are not in your favor 

There's also the issue of risk - someone with only 30% at stake, may gamble a LOT more than you would gamble with your 70%.Also, strategize and think through worse-case scenarios for fraud.