Choosing the right investment property, especially for a newbie investor, can sometimes seem to be a daunting task. But choosing the right investment property can also be a challenge for seasoned investors. There are three things I look for when choosing an investment property: long term growth potential, tenant “attractability”, and cost of ownership. Long-Term Growth Potential Most investors are taught that the cheaper the property, the better. This is only partially true. Your main focus for every long-term rental property should be appreciation, or the amount the property will increase over time. Appreciation is much more important than purchase price. Read more » read more