I have bought two single family houses in the last year to rent out to students. Renting to students can be a bit dicey, but if one is diligent it can be quite lucrative, and far more of a sure thing than a 401K. As for myself I hope to buy, pay off, and manage about 6-7 properties over then next 20 years. If this works out then I'll be able to retire by about age 50 and build my play farm. By age 60 I'll begin taking money from the 401K (assuming the politicians haven't stolen it all by then)and traveling more with the wife.
Jack of all Trades
Precinct Commiteeman Precinct 5 Rock Island Co Illinois
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