It is the equivalent of planning to be struck by lightning and surviving. 

Terrain  Night  IMC  ICE  Pick ONE  so with these assets you can have all the comibnations of  PM  not local  unstable tenant base etc and max debt..

Equity appreciation I aim for but is icing on the cake.

(My grandfather built his first house with his own hands; my dad, as a kid, straightening the bent nails that my grandfather mis-struck so we wouldn't lose money.)

Tax benefits are the icing on the cake, not the cake. 

Then a series of body weight exercises and dumbbell work rounds it out for me.As far as intake, I cut out ice cream and bought a Ninja Creami to make my own. 

If you mean appreciation I agree that that should be seen as icing on the cake if it happens but not be the motivation to buy. 

I'm not really counting on appreciation in any deal but in nicer neighborhoods the appreciation is much more likely and that's icing on the cake.

I just got off the phone with an estate manager that is handling an estate sale and had an 8 unit building that we have struck a deal on, well below market value. by June 1, my plan is to have close to 50 cashflowing units.