Holding cash is never good, holding fully paid property has better returns and capital appreciation.
This is what people say & that is why I hold little cash & have most of my money invested in shares.
I live in the only property I own, my home. I'm looking into buying property overseas but as a 2nd home & not as an investment. Still thinking about it.
I don't want to be a landlord because some of friends & my relatives are landlords & they tell me that it does come with some headaches.
Really Depends on whether you want the hassles of dealing with tenants?