[asianthree]

We have had 3 investment properties at the same time.

PV as a vaca home for us and seasonal rental November-April. Paid for all expenses plus mortgage, and money to set aside for down on next house. Big money was selling for more than double original cost.

Cottage long term same wonderful gentleman just short of 10 years when he passed on. Rent paid for mortgage lawn amenities (no furniture or utility cost to us) and extra money for down payment on next home, sold at more than double original build.

Designer preowned rented October-March for 2 years, until one moved down as snowflakes/bird. Rental paid all bills, taxes, mortgage. Sold making substantial profit.

In the end each house paid for the next, and all in all paid for our 4th build plus the pool.

Speak to your CPA, about benefits to buy investment properties. Ours always gave us good advice when to buy, pay down mortgages, and sell.