Also, and I don't mean to single you out Arlan because I'm speaking in general terms, but I'm pretty astonished at how everyone used to label investing for appreciation as gambling.

If you check their facebook page renters aren't too thrilled with their services. 

And you gamble sending them mailers.

There may come a time when you will need property management or an unexpected cost comes up and you will not have the buffer to cover it.I would agree with Daniel, and advice you especially for the first deal to not gamble on appreciation but to buy a deal that pays for itself over the long run.

I have heard of people getting sucked into drugs or gambling and destroying a successful business.

I've routinely booked calls for my clients on Clarity.fm in my consulting business and I would be THRILLED if there were a creative real estate investor, with bona fides who had a Clarity.fm (or something similar) set up to CHARGE for their time.

You're already making a great profit, I would gamble and take the percentage instead of the $20k.

So you are taking pretty big gamble with this.

So you choose to gamble on losing $2k by "chancing it" as opposed to spending $200 times 10 homes or so?

In a couple years it may pan out so I'd say its a bit of a gamble, I don't think the area will deteriorate/depreciate so you're safe in that regard.