Investing in real estate can be a smart way to build wealth over time. If you're thinking about investing in property, it's important to consider what makes a great investment property. Here are the top 10 things to look for:

1. Location: One of the most important factors in a great investment property is the location. Look for areas that have good access to transportation, amenities, and are in high demand from renters. Properties located in desirable areas tend to appreciate in value over time and are more likely to attract quality tenants.
2. Positive cash flow: When choosing an investment property, it's important to consider the potential for positive cash flow. Look for properties that will generate enough rental income to cover the expenses, such as the mortgage, property taxes, insurance, maintenance, and management fees.
3. Low vacancy rates: A great investment property is one that has a low vacancy rate. Look for properties in areas with a high demand for housing, such as near universities, hospitals, and job centers. This can help ensure that your property stays rented and generating income consistently.
4. Condition of the property: When selecting an investment property, it's important to consider the condition of the property. A well-maintained property will attract quality tenants and require less upkeep over time, reducing your expenses and increasing your potential return on investment.
5. Good infrastructure: Look for properties in areas with good infrastructure, such as well-maintained roads, public transport, and easy access to utilities. Properties in areas with good infrastructure tend to appreciate in value over time, making them a better investment.
6. Growth potential: When considering an investment property, look for areas that are experiencing growth in terms of population, job growth, and economic development. Properties in these areas tend to increase in value over time, making them a more profitable investment.
7. Potential for renovations or improvements: Consider the potential for renovations or improvements to increase the value of the property over time. A property with the potential for improvement can be a great investment opportunity, but be sure to do your due diligence and make sure the improvements will be worth the investment.
8. Low crime rate: Properties in areas with low crime rates tend to attract higher quality tenants and are more likely to appreciate in value over time.
9. Good property management: A great investment property requires good property management. Look for a property management company that has experience and a good track record in the area where your property is located.
10. Potential for long-term appreciation: Consider the potential for long-term appreciation when selecting an investment property. Look for areas with a strong history of appreciation, as well as the potential for future growth. This will help ensure that your investment is a smart one that will appreciate in value over time.

In summary, a great investment property is one that has a good location, generates positive cash flow, has a low vacancy rate, is in good condition, has good infrastructure, has potential for growth and improvement, has a low crime rate, is managed well, and has potential for long-term appreciation. By considering these factors when selecting an investment property, you can make a smart investment that will help build your wealth over time.