Every investor is going to have access to a different amount of capital and resources. Your goals will decide if cash flow or value appreciation should take precedence. FIRE (Financial Independence, Retire Early) strategies might warrant cash flow investments like rental units, while nest egg strategies encourage you to hold an undeveloped piece of land as it appreciates in value. If you are a beginner investor who’s itching to get your feet wet, consider house hacking as a tangible way to obtain rental income from existing real estate. This strategy allows you to generate cash flow and equity from your real estate.