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Updated about 3 years ago on .

User Stats

12
Posts
5
Votes
Chris West
  • New to Real Estate
  • San Diego, CA
5
Votes |
12
Posts

First Deal - Yard Maintenance on a large lot

Chris West
  • New to Real Estate
  • San Diego, CA
Posted

Hi Everyone, 

I have my first (hopefully) BRRRR under contract. The property is a 3/2 in a C+ neighborhood, which I like, however, the big issue I'm having with the property is that it sits on 1.2 acres. Although it's a lot of acreage, I can see from google maps that most the acreage is covered by woods, however, there still is a large yard to maintain. From the walkthrough (I'm out-of-state), the lot was described as a medium sized lot. As far as a rental goes, should I be concerned that the lot size will be a deterrent to finding tenants? Would this be a good reason to back out of the deal?

I'm trying not to overthink on my first deal...really appreciate any insight! Thanks.