Having good cash flow is necessary going into the deal - appreciation (if any) is icing on the cake....

I have worked for five star resorts, mom and pop shops, cheese cake factory.I am using quick books to track whats going on as well as spread sheets for day to day and week to week. we have been open only a month and am finding that not very many people interested in month old baby.

I know I want to buy and hold with the best cash flowing properties possible (appreciation would be icing on the cake) 3.

The big thing is you can't have your cake and eat it too.You truly do need to run the numbers to see which is more beneficial.If you want to deduct expenses on Schedule C, then you need to include the income on Schedule C.If you want to choose favorable treatment, I'd recommend that you deduct it on Schedule A.

You cant have your cake and eat it too.

Land and homes are selling like hot cakes to east coast/big city folks looking for retirement/vacation homes.

I'm not saying that will happen to you, I'm saying you should talk extensively to a lender before you purchase so you know your exit strategy is caked into the deal.

A strong believer in buying for cash flow and treating appreciation as icing on the cake. 

Toyota moving its HQs from CA to TX 10mi from community will be icing on cake.  

I just bought an 8-plex with my realtor in April which was a piece of cake for him.