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A rental property can be a great way to achieve a steady income stream and long-term capital appreciation, but as with any investment there are many considerations to weigh before you jump into the unknown.
No one ever expects to lose their job, have an accident or have their primary source of income suddenly disappear. Unfortunately, without proper planning a small speed bump could turn into a major road block. Setting up an emergency fund can ensure that you cruise over the speed bump as smoothly as possible.
