Not sure if this should be in this section or off topic section, if its wrong please move it . I was wondering if anyone invested in rental homes. As the economy is crappy ,and home values are at a all time low i was considering buying one, or if it works out well more. My thought was investing in low priced hud/section8 type homes.The reason why is low upfront investment, guarantee government check on the first of the month( no chasing money and taking 3 months to get them out for no pay), and honestly low cost of repairs. If they can't take care of the home like a human being, and treat my rental like a animal, i'll fix it like a animal lives in it. I have remodeled most of my home ,and done my up stairs from scratch. I'm no million dollar home builder, but i can do most of the repairs myself and like i said b4 it will not have to be perfect. Anyone have any thoughts? Experience? Is this a profitable business? According to the demographics a 2 bedroom is about 900 a month a 3 is about 1100 . I can buy one with a 30 year mortgage for about 200 a month. I would bank everything except the 200 a month for the first 2-3 years for repairs and overlap in renters, then after 3 years start paying extra to principal.