In the first few years, a rental property will likely:

Break even or even lose money

Make money

If you want to minimize maintenance:

Invest in a brand new property

Invest in property three to seven years old

Invest in property at least 10 years old

Age is not relevant

If you want to select a property for maximum appreciation and value, you want:

The most expensive home on the block

The least expensive home on the block

A home that falls in the average price range on the block

In general, higher appreciation is likely to occur in:

A new subdivision

An established neighborhood

A mixed-use community

If you want to keep maintenance to a minimum, select a house:

With three or fewer bedrooms

With more than three bedrooms

A big factor in appreciation is:

The school system

The number of bedrooms and bathrooms

The neighborhood crime rate

All of the above

When it comes to ongoing costs with investment property, the most important factor is:

What you pay for it

Cost of maintenance

Both of the above

If your aim is to make money, you should:

Consider a rental manager

Definitely hire a rental manager

Always deal with the tenants directly

If you're trying to buy a rental property, go for:

The lowest mortgage rate you can get

The lowest fixed-rate mortgage you can get

The lowest adjustable-rate mortgage you can get

Whatever will cost you the least to get into the property

For easy resale, look for a property:

That has a pool

That has a larger-than-average lot

That is typical of the neighborhood