investing your money ;)

...if you can find a 40-50K house do some renovation for 3K or less, and rent it for $900/mo, that's a good gig, but any more cost or less rent income, and your profit margin won't be worth it after taxes and insurance, etc.

*tip, make sure you can get $900 before you buy:)

...also assume you will lose at least one month's rent between tennants.
That's a double whammy, as you get no income, and still have to make the payment from your own pocket.

We are renting my wife's house which has a $450 payment, for $940, and after the taxes and insurance it makes us about $1500/ year. dozens of thousands in cash flow, but most goes right to the bank!