You can gamble on appreciation but unless you bought the building 20yrs ago it isn't worth it for cashflow rentals.  

While you shouldn't necessarily gamble on appreciation in any particular area, but its obviously there.

They may have a restriction on gambling to, but I just found that humorous reading the language they chose to include. lol.As long as it is just notifying the lender, I don't see a problem with it.

The first rule of gambling is that no single loss can wipe you out.

I rather be in control over my money than having someone else gamble with it.

In the end I can only guess and a bit gamble on expenses that eat the rents away  AND then buy accordingly.

Education and financial literacy are very important, but we all take a gamble when we buy our first property.

He's getting cheap prices and renting the properties out and gambling that most years there won't be a flood, and when there is a flood it will be minor and its a cost of doing business.9. 

Which is not true and riskier to only gamble on appreciation I think.

REI in the US and UK for decades.And I have a way for EU folks to invest together for USA deals.