Those of you who have the extra money to use might want to look into some kind of rental property investment. This could be a modest home, duplexes, apartments, or even other investments such as mini-storage facilities, boat slip rentals, or mobile home rentals. Depending on where you are, investment property could be purchased at a low enough price to realize your investment back and some profit in just a few years.
It's certainly worth looking into if you're wanting long-term residual income.
