Own outright vs loans?
I keep going back and forth with this. What's your advice on getting some rental properties for retirement income needed 30 years from now?
1. Buy the first $100K cash with no payments and start collecting $1,200 in rent a month until I get another $100K?
2. Use the $100K on 4 down payments, but have 4 $75K mortgages that earn a small profit?