Cashflow is king, but you are also still building long term wealth even without factoring in appreciation.All of our properties in Seattle cash-flow- we put 5-20% down (no 3% loans), have always done moderate to significant repairs/rehabs, and buy in the nicer South Seattle neighboorhoods (North Beacon Hill, Admiral District of West Seattle, Central District).

Moderator Note: The post above was removed because it was a double post.

Are you a forum moderator here? 

Low to moderate property taxes6.

I am sorry if I hurt your feelings Just another example of a moderator on here giving bad advice.