Buying/Starting a business vs investing in rental properties

[Heval O.]

Hi Everyone,

I've been looking into real estate for a while now and have enough money set aside to get my hands on a remote rental property (properties in my area are insanely expensive). Based on my estimates I'd net about $500/month.

At the same time, I'm wondering if the money would be better used for buying/starting a business assuming I could systemize/automate it as much as possible?

I already own a small business and know how much work it requires but I also know that business profits would dwarf the rental income...

Would be interesting to hear people's input on the matter.

Thanks for your help in advance!