When you go to look at a property try not to think about what you would do if you were moving into the property. Obviously the very fact that you are looking into buying a rental property means that you have some kind of success in your life, and you do not want to take a step backwards in life. It is very rare in fact I never heard of a landlord who only buys houses better than the one he lives in.

It does not matter if you would live in house or not it only matters if the house is a good investment to you. I learned this lesson on the first house that I bought. It was a very small house with two very small bedrooms that could hold a bed and maybe a small dresser if the bed was small enough. The bathroom was tiny also you could hardly turn around because of the cluttered layout of the bathtub and toilet.

(When I sold the House I completely remodeled the bathroom and the the layout was much better and the bathroom turned out quite nice. I was able to buy a smaller bathtub that could be turned the opposite way and it changed the whole feel of the bathroom. And size was not even a issue after that point. )

The other rooms were decent size but the idea of living there to me was a very scary proposition. All the financial factors of the property were favorable but I started to have doubts as to whether or not anyone would want to rent the house. That is until my first open house. I had cars lined up and down the street, and they showed up about ten minutes early. I couldn't believe the way that everyone that came through just loved the house and thought it was perfect for them. After that I had a whole new outlook on properties and how I could make money with them, without having the need to want to live in them.