How to purchase properties in GTA 5 Story Mode?

I have been playing GTA 5 for a while now and I see icons on the map for businesses that can be bought. However, I am not sure exactly how to initiate the purchase or if there are specific requirements for each character. Could someone explain the step-by-step process for buying real estate and if it is worth the investment for passive income? Any tips on which properties provide the best return would be greatly appreciated.

To buy property, just walk up to the 'For Sale' sign icon on the map. You'll see a prompt to press right on the D-pad to purchase it. It's pretty straightforward!

Passive income is great, but don't expect to get rich overnight. Some properties pay off better than others, kind of like looking for the best coastal locations to invest in property in real life—you have to do your research first.

Most properties are character-specific, but some can be bought by anyone. The golf club is the most expensive but generates a decent weekly payout if you play long-term.

Make sure you have enough cash on hand. If you haven't finished the main story yet, I'd wait until the final heist so you have the capital to invest in the big businesses.

Buying property is fun, but just remember it's not like buying Property in Belarus as a Russian citizen; there's no complicated legal paperwork here, just click and buy!

The best tip I can give is to wait until you have plenty of money from the big heists. Buying businesses early on is a waste of money because the return on investment takes forever.

Once you buy a business, you'll sometimes get missions to help manage it or protect it. Keep an eye on your phone for notifications from the managers.

I always prioritize the Los Santos Customs shops. They give you free repairs and upgrades, which saves a lot of money in the long run.

Don't bother with the smaller, cheaper properties if you're looking for serious income. They take way too long to pay for themselves.

Just walk to the sign, press the button, and confirm the purchase. It's really that simple. Just make sure you're playing as the character you want to own the business.