As I strategize about buy and hold properties I simply have a number in terms of # of doors in mind with monthly cash flow as a goal for Financial Independence. 

I see you work in strategic planning.

I really would like to meet and converse with anyone who is of the same mindset to pick your brain and strategize.

Gentrification is now well underway and will run for quite a few years to come.I invest in local rural land, primarily for its newly-transferable unused residential development rights and I'm just getting into The Note Game, particularly on the note-origination (Strategic Seller Financing) side.

I guess for me the difference is the area's importance to the city's strategic growth and activeness of policing and security efforts.  

If you strategically plan your rental's between appreciation plays and cash flow plays you can sometimes create enough depreciation loss to offset most of your taxable income while still receiving cash flow from a month to month perspective.If you have 100,000 annually in rental income or 8333 a month in gross rental income you can find a property(s) that still cash flow albeit a lot less that net -8333 a month with depreciation factored in to end up with a $0 tax liability scenario (no tax advice, consult a tax advisor).There are pros and con's at the end of the day to each since rental's arent stress free either =/ so I would always default to have a balance of different products in your portfolio depending on your goals.

(This is how, I think, most non-strategic tax accountants would do it).This question may be moot, because it depends on each individual's end goal, but was curious anyone's initial thoughts, pros/cons, or insight into other options we may be missing.

Hey Jeff, we really like Strategic Properrty Management.

I was really good at it, because I took emotion out of it (I barely use emotion for anything), and was very cold strategic robotic, all by the numbers.I took a JV route.

I try to be strategic about my purchases there, first drilling down for cashflow and then taking a step back to see if I can put myself "in the path of potential future appreciation" as I like to say.It's worked phenomenally well for me and I'll continue investing in Detroit until the masses are beating the drum on the city.