Should You Buy a Rental Property Right Now?
There's a reason so many investors are drawn to purchasing rental properties: With rental homes, you get to make money two ways.
First, there's rent itself, which can serve as a steady income stream. You may be able to charge enough rent to more than cover your monthly property ownership costs, leaving you with a nice profit on a regular basis.
Then there's home price appreciation. Properties have a tendency to gain value over time, so if you purchase a rental property and keep it for many years, you might land in a position to profit nicely.
Source Fool.com