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Updated about 2 years ago,
Will it be a good property to buy and hold?
Hello, BP families!
I have a potential property, in Sacramento area. It's duplex 2 bed-2 bath single story ( I am going to buy only one side) in C category neighborhood. Not a good schools, not very good neighborhood, very diverse neighborhood, crime rates are okay and decreasing. Median home value is lower than CA average value. However I think it has potential. It's just a minute away from highway, good shopping mall in few minutes, hotels near by. Owner is moving out of state, and he put in a market in November but no luck so far. So I think there's a lot of space to negotiate. I think it will be hard to sell, however, it will be easier to rent, even though not a quality renter. So what do you guys as expert think? I will appreciate any questions, advice! Thank you!