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When you are buying a property for the purposes of being a landlord/renting it out, do you look at your initial investment in the property and calculate how fast it will take a renter making monthly payments to pay you back as your "break even" point, or is the monthly rent like a monthly dividend on a stock you bought that has a realy good chance to appreciate over time?

I think this varies from person to person.

Does this question make sense?

Maybe not. Why would you look at an investment property differently than any other investment? You weigh the initial cost, plus an estimate of ongoing costs (including time and aggravation), against ongoing income and potential final sales price. Each person is going to weigh these differently.
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