Contrary to popular belief, this is not set because I believe it will give me a higher return.

Real Estate is rewarding, and challenging.

Challenges?

Cash flow often being reinvested into property expenses, which can make it challenging to rely on alone.

What are the biggest challenges people have faced with this.

Being young will present challenges in a field where experience is highly valued not just with lenders.

While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

By staying informed and adaptable, investors can find opportunities in both booming and challenging markets.Overall, with careful planning, thorough research, and a strategic mindset, real estate investing can be a fulfilling journey towards financial success and stability.

Avoid common pitfalls like underestimating costs or tenant management challenges by planning conservatively and staying proactive.

At my point in life everything I own is both a cash flow superstar and appreciating nicely, because I'm invested in growing, popular areas.If I was just starting off now, I'd probably be aiming for value-add in good areas where I could either live there while improving the unit(s) - ie a duplex, triplex - or where I could trade sweat equity for profit, or both.