RE investing is not just about cash flow as profits can be obtained in changing the use of properties, developing areas and manipulating growth in an area to improve valuations, not so much speculation (but can) but designing future appreciation.

People are willing to take reduced returns or hardly any cash flow ON THE EXPECTATION that the market will blow up like crazy and you will have huge returns on the back end.I hate to say it but that Is not investing but pure speculation.

They were speculators who acquired tenants and the tenants were in the way of their plan.

For me, I want both, as I cannot afford to go negative for years on just speculating.

It was speculation on my part at best, and lessoned learned.  

They historically lag the bigger cities so they may be a good deal from a speculative perspective.  

I can only speculate on Brad's motivations for going on his own, but I suspect it had a lot to do w/ creating his own brand and making a lot more money (not that there's anything wrong w/ that).Whether the training was $1k or $50 that has no bearing on what he can or can not offer. 

I very much like your current investing strategy: to speculate on some real estate that does not cost much, but will get a fantastic return.

All the way to work the radio speculated about what was going on.

If speculation on appreciation is the game in your area so be it but you are still losing money every month on your condo as a rental.I would sell and make twice the income you are receiving in a heart beat, and from what you say so could you so what exactly is the point you are trying to make.Your question was how much value does Tenant Add..........