We bought a rental property instead of a 'starter home.' It pays for itself, and we use it whenever we want.

We bought a rental property instead of a 'starter home.' It pays for itself, and we use it whenever we want.

We bought our "second home" before we purchased a primary residence and have been happy with our decision. Katie ClineWe couldn't afford to buy a home in NYC, so we bought a vacation home upstate instead.We rent it out online, which covers our expenses and turns a profit while building equity.When it's not booked, it's our peaceful escape from city life and the backdrop for family memories.For many of us, the dream of homeownership has never fel…