Owning a rental property can be fun, but is also full of pitfalls. Why not buy a REIT instead? Real Estate Investment Trusts have proven to be as much (or more) profitable than rentals, with 99% less work. Of course, if you like having your hands on a physical, tangible asset, then rentals beat REITs. But there’s more to it than that. For a run-down of all the pros and cons of each investment type, see this article from Seeking Alpha.