I'm not saying you can't make a decent return on rentals - I and many others here have done great with it - but if you have a well-functioning, profitable business that you know, why would you gamble money into Memphis *******es, to put it bluntly? 

Quote from @V.G Jason: Quote from @Jay Hinrichs: The mindset of cash flow is everything and appreciation is just luck or gambling or whatever these folks say is one of the worst mindsets I see on BP.

In a waterfall, the GP is incentivized to stay the course, gambling the LPs equity, because the GP only makes money above 7%. 

Simple appreciation is a gamble because you have no control over it, so don't consider it.

Because they are gambling.11. 

Some of these might be too small for an STR, but the immersion blender, toaster, and hand mixer would work in most. 

Depending on the zip code I was wondering could I gamble with them on a fix and flip or brrr.

I'm ok with gambling on it.

People have failed twice now with the housing bubble and the recent meteoric increase in rates because they were gambling with the rates to save a percentage point.  

I decided to get liscenced as a home inspector and utilize my knowledge in building science so I can add value to others but also so that I could immerse myself in the real estate industry and show investors that I am taking this seriously.