ding - "凡一眼就能计算出多少回报的Deal，基本都不是有大钱赚的Deal"

one compromise is a barbell approach when managing a portfolio of RE properties, say:

1. 2/3 high cap properties for cash flow;
2. 1/3 low cap high-end properties for appreciation/fliping. 

1 subsidize 2 for potential short term negative cf. 2 helps out one with upside potential. 

just my 2c