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Updated 5 months ago,
Springfield, IL investing
I live in St. Louis and looking at buying a property in Springfield, IL. Springfield is only about 2 hours from me, but don't know much about the market. Properties seem to be pretty inexpensive. Many duplexes are under $100k and LTR at $750, STR at $100-$125/night and midterm at $1500. I'm looking at a duplex and running half as STR and the other as mid-term for travel nurses. Is this reasonable idea for this market? With this plan I would need cleaners and contractors/handymen. Any input would be appreciated. Thank you!