as to the properties, and if you can manage yourself, a crap broken down house that you can spend $5k max that is on big block of land. some properties he divided into 2 for greater return. If the property is cash flow positve then it is good. A friend did this and now has 20 or money that are nearly all paid for by teneants didnt contribute much at all of his own savings. he took the view that even if they fell in value, it did matter as he didnt put any money in and they would be rented and keep paying him an income
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