In today’s environment, you don’t know whether the equity markets are going up or down, money in your bank account is earning nothing, and you want to diversify your investments. A friend or a relative comes to you and suggests pooling your money together to buy a rental property. You are going to pay cash for the place so, without a monthly mortgage payment, the rent should generate a nice return on your investment after paying for property taxes, insurance and maintenance. Sounds great, doesn’t it?