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Investing in a second home to rent can be lucrative if done correct from the start.
For instance, if you chose the wrong location then you are going to regret for a long time. Provided you got your location right (which is probably one of the most important criteria for rental properties), then you have other factors to look at: tax, the applicable laws, mortgage and so forth.
One of the attractive features of property investment is leverage, which allows you to stretch your money.
The shared article from Investopedia explores the things you need to consider before investing in a second home for rental. Good read. Check it out.
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