If you are interested in the concept of investing, you may have considered buying a rental property. Maybe you’ve toured homes in your area, scoping for the best deal, looking for a place that requires little renovation or that you believe will provide a high return on investment.
For many of us, the search for a rental property can seem limited to the general area where we live. Why buy a rental property in another state when you have to manage the property, find tenants, and make various surprise repairs?
The goal, generally, is to buy a rental home that will appreciate over time, that way when you want to sell the property one day you would have made money on it, hence the investment. The possibility of appreciation tends to be tied to factors such as the architecture and location of the property, as well as a multitude of