Being the owner of a rental property will take extra management on your part. Not only will you have to keep the investment section of your business running smoothly, you will also need to keep books and hire workers on your rental properties.

Although financing a rental property will more than likely require you to take out several mortgages at once, as long as you keep tenants you should not have trouble making at least the minimum monthly payment amount.

The larger the rental property, such as an apartment complex, the more time, money, and effort it will take to finance, restore, and manage once it is populated. However, over the years you will benefit more from renting than from selling outright. You may even be able to pass them onto your children so that they have an easy income stream that keeps on flowing.