For property investors, these are numerous strategies that will build wealth, provide cash flow, and maximize current tax benefits.  

The traditional approach, and least stressful, is simply buy and hold.  Since most real estate increases in value over time, and inflation can be counted on (at least long term) to pay off a major part of debt incurred, this has been a reliable strategy like forever. The profitability can be increased by “good buys” i.e “below market” and “great buys, i.e. real estate for which demand increases and more than the general increase.  Sit back, relax, and enjoy your monthly cash flow and price appreciation.   (Of course it’s nowhere near as simple as that since property management, tenant problems, political interference, repairs, maintenance, and recession all can play havoc with the investors “passive” approach).

The other approach is opportunistic. This consists of everything from "timing" a sale - trying to figure out if the market has at least temporarily "peaked" and selling hoping to buy in a lower valuations, to selling with owner financing to maximize sales price and ROI, to building additional units on a property, changing use to maximize rental income and value, converting to furnished rentals, STR, or MTR. For commercial property this can mean changing tenant mix, selling out parcels, repositioning property in the market, and converting to commercial condos.

So, for those investors out there, or those planning on investing, which path do you (or will you) choose.?