My tactic: buy-and-hold investing in single and multi-family homes; with appreciation as the cherry on top :) I see this goal evolving into learning + profiting from other real estate avenues as well ( i.e. flipping, etc..)The challenge: I live in California (Bay Area)....enough said, y'all know the barriers to entry here.

I do not think the question was directed to a building you would buy as a value add where appreciation might be up to 50% within the first 2 years and so would cap rate and cash on cash evolve greatly but to buildings that are being sold with no more then a 20% growth potential and appreciation is not expected to be much more than 4% per year or so.

These businesses believe this evolving technology will transform each of their industries.

.), mold & more importantly a list of hopefully enforceable amendments (a forever evolving document) that protect you.

Lending as a whole has evolved quite a bit over the past decade in a sense that its become a lot more consumer friendly with the guidelines and disclosure requirements that have been set forth for credit providers to adhere to.

.)- Evolve to rehab flips with your own moneySomewhere along the way, GET YOUR LICENSE so you can:- List housesBecause... you can list a lot more houses than you can get under contract, plus over half the people that contact you will actually want full retail price for their property or close to it, so be prepared to do SOMETHING with those guys to make $$.

Either way you win because you will learn and continue to grow and evolve on your life journey. 

It ALWAYS evolves into other things (like US monopolies late 1800's)...Ron Paul is a joke, as is every other "libertarian" economist/politician!

Just like in the game of baseball, investing evolves as you get base hits. 

I used Evolve and searched every week of the month on Thursday through Sunday in my neighborhood for houses with a similar layout.