Owning assets that bring in extra income is a great financial strategy, even better than owning assets which merely generate expenses. Owning a house or apartment requires maintenance, repairs, taxes, interest and other expenses. Income from a rental property can generate positive cash flow. Learn more about the possibilities of investing in rental property in Ohio. Do It Yourself (DIY) Being a handy person can be a great asset when it comes to doing light work around the house to keep things in good condition. Becoming a landlord requires some hands on work. It may be too expensive to handle outside contractors but doing the work can save money.