When Purchasing An Investment Property

Finding the perfect income property is no easy task. There are a lot of things you need to consider in order to streamline the process and increase your chances of a successful investment.

1A. Prepare yourself financially

1B. Consider what kind of investor you are going to be

Are you going to be an absentee investor or would you prefer to live in the property while renting it out to tenants (in other words an owner-occupied investment property).  Both options have benefits and drawbacks that are entirely dependent on how you want to shape your investment.
You need to consider:
Additionally, as with any purchase of a home whether you are searching for an investment or a place to live, you will need to consider:

2. Search for properties

3. Make an offer

4. Acceptance of offer