And hoping for appreciation is a gamble.

I don't gamble and won't invest in something I do not know anything about.

Investing in a market without truly knowing the risks, benefits, numbers etc - is not investing, it is gambling.

NV has been a gambling and mining state but is making a good transition to warehousing, transportation and logistics because of appropriate taxation support.  

I would consider commercial but need to educate myself more...residential just feels more comfortable to me due to my past experienceIm not afraid of value add ( thats what i do in single family) but with the funds coming out of my 1031 I need to replace steady income formerly coming from my job, so cant gamble too much ( have other funds to do s little more "value add" investing).  

I dont know that the economy will ever really boom out there without major help in the form of subsidies and tax breaks but thats a major gamble.

Looking back, not a gamble, but in 1990 that was slightly unconventional thinking partially backed by IRR rational.

because my wife is a nervouse wreck when it come to gambling our own money!

We are not thrilled about the look of the tile (plain white).

I had a hunch someone assembled it wrong.Since I'd already removed and re-packaged the lock I was replacing with this one, to return the other to the store,  didn't want to hassle a return this one, I took a gamble on my hunch that someone installed one piece wrong (the axle 180° off), and I might be able to fix it.