Playing the appreciation game is a huge gamble, with a lot of unforeseen future moves with rates and segmented markets. 

@Cole Black I recently heard (though unverified) that golfing is a dying sport/activity.

However, real estate is a contact sport and you have to network with as many people as possible. 

When you invest for appreciation, it is more like gambling, because there are so many factors.  

https://www.wlky.com/article/online-sports-betting-kentucky-...This should help bring more tax revenue into Kentucky and less money going out driving across to Indiana to place bets.

This is topped off with the $4 sheer curtain panel from this godawful place in Duquesne called Roses Discount Store...how my wife found this pit of retail hell I'll never know, but they reliably have $4 sheer curtain panels.If you do not have at least a basic curtain in place in C-class you're practically begging for a cheap sports banner or flag from the dollar store or a sheet to cover that window.One time we drove up to a duplex we were thinking of buying with inherited tenants and one dude had a Che Guevara flag covering his front window.

I learned that good asset management is truly a team sport that requires good and regular communication between the property manager and your team’s asset manager to make sure that everyone is on the same page.

With each passing year, I become more conservative and love investing for stable cash flow rather than gambling on appreciation.

You'd be gambling that you found every billable issue because you know that you'll never see that money again once it walks out of the door. 

If they don't, they are behind the curve and you are gambling that when they do get caught up that it might not be in your favor.Good luck!