A/B properties for a mix of appreciation and cash flow

[Shoshana Shulman]

I'm leery of investing in turnkey C properties....too thin margin of profit....with unforseen circumstances easy to just break even; I think I'd rather buy one A/B property that can be managed from afar by ME,,even if the property, for simplicity's sake, cash flows less, and has some appreciation.

For example, let's say I can find an house in an A/B neighborhood for $200,000 (think............not CA, NY, and so on) that shows increasing population and jobs over the last few years and projected more of the same for the next five years..................

So, I would be okay with buying it for 200,000, renting it out for 1,000-1,200, and seeing 10% appreciation every year for the next five years.

Does anyone know where I could find something like that?

Thank you in advance.

Shoshana

[Michael P.]

Check out Raleigh, NC should have similar or better numbers than your looking for in terms of purchase price and rent amount.

I think its reasonable to expect appreciation long term in that area but not 10% a year lol.

Talk to the local expert @Dawn Brenengen