From a financial standpoint, rental property is at the top of the list of assets to own. It can soon become the biggest headache if you don’t screen properly for the right tenants or buy in a location which consistently attracts poor tenants. Good thing you screen like the CIA and only buy in prime locations.
Rental property is the ultimate hedge against inflation as well as the ultimate asset to make money during inflation from a cash flow and real asset appreciation perspective. With the US Dollar going into the crapper, your goal should be to borrow as much USD as your personal balance sheet allows and buy a real asset in an appreciating foreign currency! If you can’t do that, you just have to do the next best thing and buy American. The foreigners are coming!