re: Buying investment properties...

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rentals suck

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absolutely asinine statement and incorrect

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he average person isn't getting rich off of them because banks aren't going to just give you an open checkbook to buy enough to generate serious monthly income.

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you can get 10 conventional loans now per fannie mae. some banks will only give you 5 so then you find another to give you your other 5 as long as you meet fannie mae qualifications. After that you can use private lenders, partnerships, sub 2 deals, and by that time you should be able to do cash buys.

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but it's a lot of headache IMO.

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nope. not at all if you do it right and/or have a good manager.

THis is all about building wealth slowly. Once your monthly PCF = or exceeds your monthly bills you are technically "retired". I'm doing great in RE as are many others here and it is by far my best investment vehicle and will provide a very nice retirement for me regardless of how the stock market does or any other investments.