To buy a house to rent it out?

[tobuyarental]

I'm just wondering in general do people think this is an overall good idea?

I work in accountancy I know I've to pay tax etc and will be following all correct guidelines. I have also done income tax returns for LLs who have had their houses trashed/ spent a fortune getting bad tenants out

I am in my mid 30s and realising I have been a bit stupid with guarding my own future. My DH will eventually inherit a large family business which comes with a home. If he decided to leave me I could be left pretty high and dry. Not as simple as 50/50 split in case of inheritance/divorce.

I'm not in the UK I am in the EU and this is where I would buy. I do understand how things work here, born and raised in UK but all my family is from this country so I understand it. That's not the issue.

There is an anti landlord sentiment that they are evil etc. So that puts me off.

In general do you think it's usually a good route to go down as an investment?

After all predicted expenses and tax I wouldn't make a huge monthly profit but I would have an asset building for myself. I would need the initial deposit but after that if I have good tenants it should pay for itself

I’m in the middle of doing this in the U.K.

I won’t make any money off the rental income. In fact I’m going to have to top up to make the mortgage and other payments. But my gut feeling is that it’s a good idea, because I’ll have something of my own should the worst happen.

I’m a small portfolio landlord in the U.K.Started by accident in 2013 when had to manage fathers two properties due to his illness, I was totally clueless and harassed by the situation. Now fully intentional. One thing I have found really helpful is podcasts such as the Property Podcast by the 2 Robs. Is there anything similar in your country?