<prompt> Human: Im blessed with a small amount of capital I have that I plan to invest with. Im not really a fan of stocks so Im thinking of buying 5-7 condos for rent income. With such a low rate, I can put down 20 for each condo and have the rent cover all the expenses fees, taxes, maintenance, interests etc. I havent done the exact math, depending on the current rent market rate but itll be close to 20. Maybe I have to put in a little higher but not far from that. Are there any downsides in doing this? Here in Canada, condos go for somewhere between 300-400k. So each condo would only require 70k of capital. In 10-20 years, Im not betting on the appreciation of the condos they rarely do in this country, only houses do but at least I would gain all the equity accumulated in each of the condo.  <response>: Buy them all at once with no experience...no! Especially with the amount of leverage youre putting into it. If you buy one and it fails, you can survive and probably stay afloat long enough to sell it. If you buy a portfolio in leverage and it fails, youre going to bury yourself if things go sour and the negative cash flow would be unsustainable.Buy one maybe and see how you like the business. Its not for everyone. Investors andor potential real estate investors will discuss the financial aspect day in and day out with varying results of benefit, but the emotional aspect is a completely different ball game.I wouldnt just thrust yourself in a small portfolio of properties, even if it all works out on paper. Id first, if you absolutely think its a great decision, get a taste of the business with one property. 