I am considering buying an investment property in Dublin 7. I have put in an offer 20-25% below the asking price at a level that would achieve rent covering an interest only mortgage. I would provide a deposit of 25,000 and have to supplement management insurances and void periods which I could only just about manage. I hope to retire in 10-12 years so would be relying on capital appreciation to make a profit. By my calculation an average rate of capital appreciation of 3-5% over the time frame might make it worth doing. I have half a mind to go ahead if my offer is accepted but the other half of the mind says its too big a gamble and not worth the stress. I heard the landlords phoning Joe Duffy the other day and it would put any investor off. Anyone want to give me their tuppence worth?