Investment real estate is a wonderful thing. When you are in a financila position to do it right.
If you have alot of debt, I'd suggest you might not be in a position to take on more. Landlording is a tough business and you need liquid cash to cover vacancies, damge to the property and maintenance. A rental property could turn out to be more of a curse than a blessing. I'd suggest dumping your debt, even if that means taking on a second job and then piling up some cash. Only then would I be thinking about investment real estate. - Mon Feb 9 2009, 06:03