Is being a landlord worth it?

[Anita Muhammad]

I'm a single mom and I work full time. Im looking to purchase my first home and I am looking into purchasing a two family home. Im a bit worried because everything I read says that having tenants is not worth it. Is that true?

[Nathan Gesner]

One of the big mistakes beginning investors make is spending their last dime to purchase an investment. Three months later the furnace goes out and they can't afford to purchase a new one. This stuff happens all the time.

Be patient. Ensure you have enough to buy an investment property and also enough for a safety net in case something goes wrong shortly after purchase.