I did this back in 2010 or so. I wanted to diversify out of the stock market so I put some money into 20% down on a single family home. My sister was a single m

I did this back in 2010 or so. I wanted to diversify out of the stock market so I put some money into 20% down on a single family home. My sister was a single mom at the time renting an apartment in a good school district for her daughter. I told her "go find a house you'd like to live in", bought and rented to her. She was agreeable. Our plan has been for her to buy the house at a discount when she's able (a little rent to own) but that hasn't happened yet. Financially, from principal paydown I estimate about $400 a month profit from the deal. Last year the house required a new roof, which was $5000 after insurance covered less than half, and broken pipe flooded a bathroom and adjoining bedrooms. So that was my profit for the year. Overall it's been a net gain, but my money would've performed much better in stocks during the this period.