I have no data to back up my opinion), I'll bet you would find that many who have made their fortunes in RE made it from appreciation, not cash flow.I'd love to hear thoughts on this and hopefully I qualified my comments enough to indicate that I don't believe on betting strictly on appreciation, especially if you can't support the property that you are buying with your reserves.

I could make further arguments about the disparity in value creation, real estate as an effective inflation hedge and the differences between a hard asset and a paper one or the differences in violitiliy and speculation.

The MLS is filled with errors, and as an appraiser, I constantly have to check and recheck all of my data sources, especially the local MLS.

I have lived here a long time and have seen my home increase in value from 275K to 1M in the 13 years since we bought it....and our first home, which we kept as a rental, has increased from the 195K that we bought it to being worth about 850K+.

There are a dozen questions in addition to the normal application data that need to be address upfront.

I like QB Pro because it's "scalable" - in other words, you might have two props now, but if you get a few more and decide QB pro is the way to go, then you've got to move all that data over.

Since it has unlimited data it keeps my minute usage down.

You should not see the dramatic decrease in value that some markets are experiencing.

NOTE: Real Property with 7% annual appreciation will double in value in 10 Years.

How you gain access to the data is a question.