Real estate experience

I see from time to time people in the subreddit that made a lot of money from real estate investing. Would you recommend buying a second home/appartement for someone who does not have a lot of capital. How was your experience finding renters and unforeseen costs?

• situation married.
• house with 20 years remaining. Payment 1250 eu/m
• combined income +- 5200 eu/m. We have extra 1000 eu/m to invest. -50k invested (we could use this to invest in real estate)

We struggle making the numbers work. We can buy a house for 400k (total purchase cost) and rent it out for about 1,2k a month. The rent income would have to increase in the upcoming years to be able to cover the loan. Is the only solution having more capital to put in?

How did the numbers on your deal work?