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RISMEDIA, March 15, 2011—So many would-be investors are intimidated by being a landlord. Buying an investment  in your neighborhood is one, great way to mitigate the intimidation factor. Managing two properties right near each other (the one you live in and the one you invest in) is like not being a landlord at all. Instead of having a 4-bedroom, 2-bath to keep tabs on, now you have 8 bedroom and 4 baths. No big deal.

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Editor’s Note: Prospering in the Real Estate Revival is a weekly video column by OwnAmerica CEO Greg Rand (@gsrand on Twitter). Each week Rand will offer his expert insights into how to grow wealth in the current real estate market.

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