When you make little bit of saving from salary/income, just invest it into real estate/equity/bonds.

Bond money first time homebuyers may be restricted from buying but if it's a 100 year flood plain you can have flood insurance and a first time buyer can buy, but it may effect value as a buyer will usually choose not to have the additional insurance cost or risk. :)

Lic. bonded and insured - 555-215-5555Good Luck,Charles Parrish

My clients ran the gamut from totally risk averse buy government bonds and CDs only to extreme risk takers who would take a huge gamble in the hope of major rewards.

There is a standard formula used to calculate yield and it is used everyday in bonds.

With a cap at 7% your money would do better in a mutual fund, bonds or just about any other passive investment. 

PM is not really that hard, but you need to have a system and a good eye for details.Mike Wood Indeed, we just developed it for RE investors, there are a lot of safeguard that surrounds the price but they are pretty basic, licensed, insured, and bonded contractors only with ACORD printout and all that.

Yes, they are better than stock and bond returns, tax-advantaged, and inflation protected.

The point is, if you hire a good contractor, check licenses, references, bonds and insurance, that mitigates much of the risk.

RE compared to other RE, muni-bonds with muni-bonds, then selecting the best use of funds.In RE, being in the business of RE will have other incentives simply by staying in and dealing in that specialty beyond what you might measure financially.