What makes an investment property ideal? What makes it a dud? There’s certainly a science to it, no doubt — there are factors that will set your property up to be a passive income powerhouse, while other things may turn it into a money sink.
Seasoned investors no doubt know these factors like the back of their hands, but new investors may struggle to properly evaluate a property. Even those with experience may make the wrong call once in a blue moon, because you can’t always predict people. The factors that make a particular property good can vary as well and they can change.