House reselling has become such a popular practice that investing in rental property is almost uninteresting by comparison. The allure of the flip is obvious a high profile investment, artistic renovations or add-ons, driving the price up as high as they can but, most importantly, the glare of the immediate return.

A flipped home pays for itself the same month and also leaves enough of a leftover amount to make the investment have been worth it. There are even cable shows dedicated to it! Why then, would anyone want to consider renting out instead of selling at the same time? There are a lot reasons.

First and foremost, there is no guarantee that a offer will happen immediately, specifically at the center of an economic crisis. While there will usually be a demand for quality homes that are reasonably priced, more and more tenants are trying to save money by renting which means the market is or will be flooded with potential tenants right away.

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Deciding to invest in rental property requires information, some money and an ability to commit. An investor should know about the types of properties he can invest in (one family houses, homes in condominiums or multifamily housing units) their respective pros and cons (amount of your full commitment they require, potential income they generate) and also important the local and global real estate market (types are in high demand, what is the average price of rent). Under the right set of events and with the right person it can make a valuable and extended source of money.

Jason Myers is a professional writer and he writes as a hobby about real estate investment. He’s also interested in real estate financing.