Investing in Real Estate is diffferent for each or any One Person. With the amount of people losing their home,jobs or pay cuts it is becoming more of a market for people to rent vs buying. As an investor who wishes to capitalize on prices that are 50% lower than in 2005 and renting out these properties until the market picks up; you are not only having the renter build your equity BUT you have established a great retirement income when you sell these properties or pay them off. You have also enjoyed deprectiaiton as a tax deduction.
ALL in ALL it would be best to contact a Realtor (like myself) for this information in your local market.
firstname.lastname@example.org or Call: 954 661-7501