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I use REIT's, which have workled well for me for the past few years. I think there are even REIT mutual funds. I mention this because I am one who does not want the hassle of dealing with renters.

A girl I know was also able to invest in a townhome development. According to her she got quite the return, which may be true the way real estate was going up around here a couple of years ago. Now may be a different story.

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