Depends on your local market, like where I am in oil country no it is not a good time with prices falling. I bought years ago so did get in before the run up. However with it coming down now it would not be a bad time if you are younger, unlike me.
I do not buy rental real estate, just commercial. Dealing with renters with living quarters is not fun. My son is investing in buying rental houses in towns with very large universities and then hiring a management company to handle rentals and day to day operations. If I was younger I would do that. Good tax positions and write offs. Large college towns always have demand for off campus living quarters and believe it or not he has had no typical college destruction.
I’m in Houston so..... :/ Thanks for the info!