I'm starting a local CashFlow Meetup in Berkeley, CA, for the greater San Francisco Bay Area.http://www.meetup.com/Berkeley-Cash-Flow-Club-and-...This is just to come together  play CashFlow game, get to know other investors and discuss various RE stuff.  

I am not advocating buying D properties, but the certainty of cash flows that comes with B and C properties (if you have a good game plan) is much higher and more controllable than the certainty of appreciation.

With your background, you are well ahead of the game.  

If you want to be a slum lord that only fixes things with duct tape and bailing wire....well, that's a different ball game entirely.

Either you study now or you might get educated right out of the game!

I like shorter payoffs, but you must do what you are confortable with, to play a lttle game, sounds like you are looking for a 1% property and your father-in-law wants to see you in a 2% PROPERTY FOR HIS LITTLE GIRL...hmmm

You may be in an appreciation game where you get it rented and sell a year or two from now.  

Now I’m only going over the Buy hold process :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~a.) property manager and new owner put a game plan together.b.) 

I found a meetup group that uses the board game monthly.

It is a fun game!