Rental properties remain one of the most reliable paths to passive income and long-term wealth building. A single rental property can generate $300-$800 monthly cash flow while providing tax benefits, appreciation, and principal paydown.
Finding Cash-Flowing Properties
The 1% rule provides quick screening: monthly rent should equal at least 1% of purchase price. A $200,000 property should rent for $2,000+ monthly.
Building Systems for Scale
Standardize tenant screening criteria, create maintenance vendor lists, implement digital tools for rent collection, and establish monthly financial reviews.