People like new homes- It is easier for me to identify with which homes will be more marketable in the future yearsCons- Cash flow usually isn't as good (which is ok with me, because it is always an equity play for us).  

Hustle and drive play a significant role in this too. 

This property has been a cashflow play, but ideally my next small multi-family (2-4 units) would be similar to what you are looking for in terms of a higher-priced appreciation play. 

The "high cash flow areas" you speak of are only good on paper, and while they can be if you play everything right and all goes well, I find that is harder than it seems.

BUT, it's an appreciation play. 

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

Think of it as free vs pay to play video games.

.: @Mike HernThanks Mike, I played that card 2 years in a row and this time I can't find another good reason.

Market your wholesale business as anyone would market a business concept and play by the Texas law and rules.

You're worried about the defense you need to play, just play offense.