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The home-buying process can be emotional. It’s easy to go into the matter with a small set of needs and desires but end up with an extensive list of “must-haves.”

When it comes to real estate investing, there are dozens of directions you can go. You can invest in single-family residential properties, multifamily properties, apartment buildings, raw land, commercial buildings, and even mobile home parks. But in addition to these investments, there’s also the niche of vacation properties.

If you want to be happy in your own home, you need more than a big house, nice furniture, and a good location. You also need friendly neighbors. Unfortunately, many homeowners accidentally get on the bad side of their neighbors. Don’t let this be you.

There are many good reasons to invest in rental property. You can collect rental income in excess of your ongoing expenses, yielding an immediate profit, and eventually, you should be able to sell the property for more than you originally paid for it.

The Fair Housing Act of 1968 was enacted to protect buyers and renters from discrimination. The primary prohibition makes it illegal to refuse to rent or sell to a person because of their inclusion in a protected class. Federally protected classes include race, religion, sex, color, national origin, age, and disability. The Fair Housing Act

Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.