Don't forget the value of the property your purchasing should increase over time if you are buying at a low point in the market. As long as you can hold for say 10 years it should increase for sure. Where I am things are sky high so it's tough to get get a good return on your investment. Rent basically covers expenses if that. But prices have been appreciating like mad over the last 10 years. (Basically more than doubled, I'd say 250% growth realistic)
The one main difference between property and stocks is property is illiquid, meaning you cant sell it quickly and get your equity out, stocks are liquid so you hit the sell button and they are gone the next day.
Maybe take Greg's advice and diversify. Have some income property and some stocks in your portfolio is a good idea if you can.
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