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Updated about 8 years ago,
What's the better investment?
A multifamily priced at $180,000 in a small city where renting is an issue or a $280,000 in a small city where renting is rarely an issue?
180,000 city is not as well kept no regular outdoor shopping
280,000 city near college and large hospital, very popular outdoor shopping center. Majority of people rent
Same house, same rent. Appreciation slightly higher at the more expensive house.