Need advice on investment property

[Hans Cooke]

Just starting out here...

Have $50,000 to invest in real estate.

Would you:

A) Buy one Condo / Apartment outright (paid in full) and rent it out

or

B) Mortgage two Condo / Apartment's (either 15 or 30 year) and put $25,000 as a down for each


I am leaning towards the first option.

Help me understand the pro's / con's of these choices.

Thanks