I am fine if anyone wants to speculate on appreciation, but buying a property with a negative cash flow (that loses money) in hopes of future appreciation is nothing more than gambling.

It could appreciate but I consider that gambling.

Sorry I don't mean to revive this post, but it is probably one of the most authentic I've read.

SoCal)  Getting into a deal with the hope of appreciation to make the deal work is basically gambling, and I don't like to gamble.  

Used cars are always a gamble unless you are a good mechanic or know one. 

It's a low price point that I felt I could afford to take a gamble with in order to test the turnkey waters. 

Do you need $94.5 to pay a gambling debt to the Mafia? 

This introspective journey may involve questioning one's desires, biases, fears, and illusions in order to gain a clearer and more authentic understanding of oneself.The saying also implies that self-knowledge is a lifelong pursuit.

It does not appear to much of a gamble.

It feels like gambling...I want to invest in something I understand and have at least some control over.