An apartment building in a gentrifying neighborhood. I was pretty sure it would pan out, since it's within walking distance of a train stop and had attractive e

An apartment building in a gentrifying neighborhood. I was pretty sure it would pan out, since it's within walking distance of a train stop and had attractive early 20th century architecture. It's still panning out, as my equity keeps growing. The mortgage will be paid off in 13 years. I have not been able to buy another income property since then as I had to buy a home for myself in the intervening time. The biggest takeaway from the experience for me is that you should not buy a home for yourself, then rebuild savings for several years and subsequently buy an income property. Buy the income property first, and then let the tenants carry the mortgage. I doubt I would have bought another property if I had bought my home first.