My folks rent out their second house when they're not there. They pay to have it listed on a site, pay for the property manager, and pay for the cleaning lady to come in after. For the most part it pays the monthly mortgage but isn't any real profit-earner. I'd also imagine the insurance is pretty steep since you've got to replace damaged furniture. I think if I were going into property, it would be purchasing a larger plot of land to hunt on, camp, and for firewood. You take the hit from the property taxes but the value increases as nearby towns grow larger. I see rental property as one of those things where it isn't much of an investment if I can't somehow add value to it, myself, whether that's from knowing how to fix things yourself or other tricks to avoid higher costs. ---------------- I was looking at the stock analyzer Old School Value yesterday. Not cheap at somewhere around $30/mo, but I think when I start being able to put real money away per month, that would really help me to figure out stuff like the Graham Number without near as much work. My usual route is to start with DataRoma, find some interesting recent buys, and then analyze those myself. The downside to it is I lose some time in waiting to see what the Superinvestors have done instead of noticing something right away on my own, but the upside is I'm letting smarter people than me make the initial decision, and I think that's still an overall plus.