Of course, everybody wants both, and if you can predict where you can get good cashflow RIGHT NOW and also see an accelerated appreciation as well, well you've then hit the jackpot.

A property manager is out of the question, that seems like a true waste of money unless you hit hte jackpot with a truly good PM.

And IMO anyone betting to hit the jackpot on another "Great Recession" in the next few years will end up being a bit disappointed. 

What's certain is 20k/year and that's like a jackpot as most people on here are like struggling to break even on their leveraged properties. $200/month is like nothing when it can be wiped out killing your returns for the entire year after uncertain capital expenses.I'd like to hear better ideas though.I was hoping someone knew of a real or hypothetical $800k property or that would cashflow me at least $20k.

But you hit the jackpot. 

You might hit the jackpot but, most of the time, you'll lose your shirt.The best example of this is Nicaragua.

Pro-Tip- If you find any LLC or Trust youve pretty hit that jackpot, most everyday folk will not buy a property and place it in the name of an LLC / Trust or another entity.

You have hit the JACKPOT of resources for real estate investors.

It's like deciding between betting on a sure-fire small win or going for the jackpot.

So while the top 15% of investors strike the location jackpot, most are not and that appreciation has also been eaten up by the afforementioned.