Would you do it?

[kbz2002]

I'm just curious. My husband and I are going to look at a potential rental property tomorrow. Growing up my parents house is a 3 family and they had one other rental property so I do know a bit about rental properties from what I saw with my parents. I really do like the idea of having something because of the potential and I know having those rental properties have helped my parents out throughout the years.

So tomorrow we are going to look at this house that is in our budget, and close to our house so I'm hoping that it would be a great first house to get our feet wet.

I'm a little nervous because I know it's a big move. We are debt free and I do have my EF in the bank, although if we buy this house it will probably leave me with only one month of expenses in the bank after closing (although I could rebuild pretty quickly with the property I hope).

Probably the thing I am most nervous about is having that loan again. It's so nice not to have any loans.

Would you do it?