@Claudia Bonaudo@David Faulkner@Marcelo RicarteKathy, not ignoring you but you probably know this.Those getting into real estate are suffering from LLC mania, symptoms include avoiding liability, hiding your identity, protecting your assets and thinking you'll have tax deductions.

Stokes Jr:@Joe Villeneuve you lost me If the house gets the symptoms (fever, coughing, trouble breathing), don't buy the house. 

The problem that I have with the so called cash flow markets is that high day one cash flow at retail price is often a symptom off poor supply and demand fundamentals ... aka more homes than people to fill them.With the appreciation markets, if you are right about the long term strong supply and demand fundamentals, you get both price appreciation and cash flow (from rent increases).