Rentals are a shit-ton of work, even if you have an agent. If you always had dreams of being a landlord, I suppose this is the retirement for you, but for the rest of us, there's no way in hell this is a good idea.
You will have issues with tenants. You will invest heavily in maintenance, possibly due to your tenants. You will be hogtied by municipal and regional laws that heavily favour the rights of the tenant.
What you inevitably find is that if rent differs greatly from the amount of your mortgage (i.e this is profitable), all the good tenants have bought a house of their own. If it doesn't, you'll basically have a holding property that is gambling all your earnings on the property market. This isn't a very good strategy.
You will have issues with tenants. You will invest heavily in maintenance, possibly due to your tenants. You will be hogtied by municipal and regional laws that heavily favour the rights of the tenant.
What you inevitably find is that if rent differs greatly from the amount of your mortgage (i.e this is profitable), all the good tenants have bought a house of their own. If it doesn't, you'll basically have a holding property that is gambling all your earnings on the property market. This isn't a very good strategy.