I'm sure this has been covered elsewhere, so feel free to link me to other discussions.
Lately, I've been thinking about generating some passive income and my attention keeps getting drawn to real estate. I like the fact that it can be like another source of income, generally more stable than the market (if you choose your property well), and a lot of people have built up quite a bit of wealth from real estate investing, so why not me?
However, I don't have confidence that I would do a very good job picking a good property, finding good contractors to improve it or get it up to code. My husband is pretty handy, but we are both not crazy about the risks.
We go back and forth on the idea of looking for rental properties and then getting nervous about jumping in. Are REITs a better way to go? Do you invest in REITs? What do you think?