I have sent out a handful of hand written yellow letters to houses I have driven by but that is about it.

It gets hard to remember that A is this house and B is this house.

Hi Robert, just wondering, we're launching a new property system that does property management on top of being a property management software via AI and some other tricks.

Rents are market driven and we are in a great market now. 

Its all price point driven, in eastern Co Springs houses are going up like gang busters - all delivering at a price point around $300k, seeing construction in Boulder County too - Lafayette has a couple subdivisions going up now.

I am the definition of driven.

@Samuel Persson I have driven through it a handful of times.

I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try to give enough numbers and information to hopefully provide you with the ability to help provide your guidance.My Current Portfolio- 7 “cheaper” cash flowing properties (values ranging between $140-$210K) in Las Vegas, NV- 2 “expensive” appreciation properties (values ranging between $650K-$820K) in Orange County, CA- Monthly cash flow (for all 9 properties): $2,600Other Relevant Information- I’m currently working full time- I have enough savings to last me more than 2 years (without a salary)The Investments I’m ConsideringOption 1- SFH in Orange County, CA, for $650K with negative monthly cash flow of $300- 30 year loan with 25% down payment of $187,500Option 2- SFH in Orlando, FL, for $170K with positive monthly cash flow of $270- 30 year loan with 25% down payment of $42,500Pros and ConsOption 1CONS:(a) Negative monthly cash flow(b) Large down payment(c) Even larger exposure to market in Orange County, CA (would be 3 properties)(d) I would likely have to sell one of my existing Las Vegas homes to come up with down payment (otherwise I’ll have too many mortgages to qualify for a new one)PROS: (a) Potential for larger appreciation (10% potential appreciation in 5 years of $650K vs. 10% appreciation of $170K), so I feel it is a better long term play(b) I’m not sure if you guys typically give this much weight, but when I include the larger principle payment that would be made every month (e.g. around $800), it changes the monthly cash flow equation if one chooses to consider it, making it more attractive (long term)Option 2CONS:(a) I feel it’s a weaker long term play (less appreciation potential)PROS:(a) Positive monthly cash flow out of the gatesGeneral Notes- I feel I can sustain the monthly cash flow in both cases- I am only considering taking on the larger property (Option 1) because my other cash flowing properties provide me some buffer. - However, I’m wary of pushing the limits too far and exposing myself to too much risk (debatable what is “too much”)ConclusionI'm looking for your advice/guidance about my above decision.

You were so numbers-driven you didn't see the issues.

Illinois is driven by attorneys for real estate closings.