Hi everyone! I am a 27 year old high school teacher. I live in the Denver area, and I am interested in purchasing a house to rent out in order to diversify my investments. I can not afford a house in the Denver area at this time, so I am considering buying something in Grand Junction. I believe that I am in a good position to buy am investment property because I currently have low housing expenses. I am currently paying $200 in rent per month, and when that runs out in a year or so I will live in my camper.
I don't have any debt and I have about 33k in savings and 62k in Betterment.
I am interested in buying a rental property for 130-200k. Would this be a good investment, or would I be better off keeping my money in betterment?
Thanks!