You don't really need to make money on appreciation, you need to make profit. If you have a mortgage and the rent cover the charges - you only need to beat infl

You don't really need to make money on appreciation, you need to make profit. If you have a mortgage and the rent cover the charges - you only need to beat inflation on the cash investment. For a simple example [x], I know people in London that got a 105% mortgage around year 2004 and the rent has always covered 100% of all the costs. Assuming it continues that way for another 15 years, anything they can sell the property for is going to be pure profit. [x] I was happy to have something to eat in 2004, but I don't think those 100%+ mortgage were accessible to buy-to-rent property. So I guess that is technically against your mortgage policies and theoretically has a small risk to have the bank suing you for compensation.