As a real estate investor, should you consider residential investment property as a key element of your real estate investment portfolio? Yes, absolutely use it as a primary investment . Everyone is somehow involved in the residential real estate market, either as  a property owner or as a tenant. The demand is there and always will be. There are always tax benefits to enjoy with residential investment property: if you are a landlord these benefits could help you cover expenses, and there are deductions for items including rates, interest, repairs, property management services and depreciation. By doing some minor cosmetic repairs, you could add almost immediate value to the house . Simple changes like fresh paint and new hardware, replacing cabinet doors and replacing lighting fixtures can } have a significant impact. The rental income from the residential income property could generate the money to pay for the expenses, and in the long-term you should end up with a positive cash flow, putting money in your pocket every month. You don’t need to have a lot of money to start investing in residential income property. Banks and lending institutions look with favor on lending for a residential property, as the property itself is good security against the loan. A residential investment property can be a means for building wealth, as long as it is carefully chosen and maintained. If you are a novice real estate investor, it is smart to get some help or advice from a professional . A mistake in choosing a residential investment property could be expensive, and you might be stuck with a poor deal for many years . Finding the right home and getting it at the right price makes your investment a true value, and one that will appreciate in the coming years. Residential investment property will always have value, and can be a path to increased wealth for the careful investor.