LP Investment/Rental property

If you ask yourself this question, you are already one step ahead of those who don’t ask this question. The 2nd step is to consult with an expert; to review your abilities and match the right investment property to make the most of this step.
This is a good question for your residence purchase. When it comes to buying a rental property, the main concern is the financial part. Financial aspect has higher priority.
You are required to have at least 20% down payment. Typically, we take this 20% from your other property; essentially this makes it a 100% financing option.
Managing a rental property has associated costs whether you manage it yourself or hire someone to manage it. The only difference is that when you manage it yourself, you avoid paying a property manager. When calculating the cash flow of the investment property, you must include property management as an expense.
A good investment property is the property that you can hold until the right time to sell it.