That will work if you are an 800 pound gorilla who lifts weights.

Let's see:6 AM: Wake up for my pre-dawn personal body massage7 AM: A quick swim in my Scrooge McDuck Money Room8 AM: Breakfast with Warren, Bill or Elon depending on my mood9-12 PM: Counting and arranging my fat stacks of cash12:30 PM: Lunch with whichever rich Sheik is in town2-5 PM: Inspecting the underground gold vaults6 PM: Board the Supersonic for dinner in Bali10 PM: Have 4 gymnasts carry me back to the crib11 PM: Lights out! 

I’m just not sure if there is a difference when it comes to all of these things so it’s hard to weight for my situation... owning one property and looking to buy another soon.

And it’s generally not a low paying gig unless we’re talking startup territory (heavily stock option weighted) here.

Dude listen to me.If you have a crappy car with a 0.5HP engine, no matter how much you upgrade the body, add gold plates and a killer spoiler, it still has the power of half a horse.Driving for dollars is driving for dollars.

I worry that every time I have to refinish the hardwood I reduce the life of the wood, and that eventually I'll have to replace the entire floor because it has been sanded down to the point it can't support the weight of the room.

Once you generate enough cash flow to meet your personal and strategic goals you can start shifting to a more equity weighted strategy.

Am I weighting cash flow too heavily when inflation may contribute more to appreciation?

I have always used the analogy that neighborhoods are like bodies, depending on the standard of who you ask what a healthy strong person should look like will be determined by who you set as the standard for your "grade A".

Having it close to a body of water would be a plus, but not a requirement.