I expect to continue purchasing SFR in Indianapolis, but this weekend was considering the tangent of investing for appreciation.Let's assume that investing for appreciation is pure gambling, but the good news is that the dice are rigged.

@Scott Bolinger - Incredible cash flow is subjective, moreover for CA investors  compared to buying  a Tesla , buying 20K house is  like quarterly budget for Vegas gambling.

Certainly the risk is calculated and I did my due diligence, but the gamble of it all comes from the forces and phenomena I have no control over"   Good Luck to all and don't be afraid to fail, those who learn from their mistakes and continue to push forward will succeed. 

I also buy a lot of course from it.Procter & Gamble Co:Procter & Gamble provides an annual dividend of 3.03%, or $2.68 per share.

If you have not made those decisions yet then you are probably not ready to invest wisely and you will just be gambling.

It's always a gamble to me and I would definitely negotiate with the seller and get the price way down.

With today's LOW interest rate, gambling with ARMs seems nuts to me.Do your numbers make sense at all (i.e. 2% rule) ?

Additionally, if you are late on just one card, the rest of the credit card issuers could raise your rates under something called "universal default" (late on one is late on all).Too big a gamble, in my opinion, especially if the property you purchase does not generate income right away.

I live in the UK and so far i am on my second management company.Any help and advice would be greatly appreciated.many thanksJohn

Those homes had only new kitchen and paint.I will try to put this home for sale for $119k which is a gamble..I thought about rent it for $900 but did not like the people that showed up because they looked like ghetto.