When renting out your investment property, be wary of whom you choose as tenants.The person will need to be able to pay both the first months rent and a deposit. If they do not have all of the money to begin with, they probably will be late with their rent payments. Keep looking for a tenant.
Consider rental values as you evaluate how much a piece of real estate is worth.This will give you a lot of money for you. Then you can resell the house for a bigger profit later on.