Looking to investing in Akron OH

[Amit Friedlander]

Hello my name is Amit, I'm an Israeli Investor and am looking to buy some properties in the US. I was looking into the Akron area and was wondering: 

1. I want to start off with a 40-60k single family house to buy and hold. What area/neighborhood would you guys recommend?

2. Is it a good time to invest in Akron?

2. I saw there were a discussion about a year ago regarding the water bills and sewer issues in Akron and wanted to know if the situation has changed and how bad is it regarding rent?

Thanks 

[Ronda R.]

Not so sure the university area is a good place to invest. Really check it out first. They have built a lot of new student housing and I drove around the neighborhoods close to the school right after school started and there were a ton of for rent signs on a lot of vacant houses. I've heard the student housing is expensive so maybe the trend will swing back to houses but you have a lot of competition and if they start loosing tenants they could always just lower the rent. Hard to compete with new and happening housing.