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., or conventional stocks, bonds and mutual funds.The advantage of real estate is that it is not purely an appreciation play as so many equities investments are.  

(These questions should help us get you some good contacts)Hopefully someone will pay up for the LEED Gold, but sometimes homeowners spend more on their "forever" home than may be justified by a pure investor-builder trying to maximize profit.

A "cash" deal is purely one where there is cash in the bank.

Pure and simple, if you can't offer them something then you are just like everyone else in the world asking something for nothing.

I don't think seeking appreciation is purely speculation but seeking appreciation while having negative cash flow can be a dangerous game. 

For me, if you want to live there then price/investment opportunity is a pure bonus.

Pure turnkey can be great, but like everything else it requites due diligence.  

I checked it out purely out of curiosity: It ended up being a $20k "educational" network of "investors," where, if you bring in the next victim - ahem, "trainee" - who signs up, you get some money back (I think $5k for each) from the $20k you put up.Out of further curiosity, I asked what would happen if I brought another "trainee" in without first paying my $20k; would I get the $5k?

From the little I've read, Wichita has not seen the appreciation that Denver has.If you're looking for pure cash flow, then probably moving the money outside of Denver will get you better cash flowing properties.