Low school ratings a valid reason to not invest in a property?

[Erik Luna]

Hello! Hope everyone is doing well. I have been looking for properties to analyze, single residence and multi-family, but have noticed that many of the houses that have potential to be great deals, often have a low rating of 1 to 3 out of 10.

My question is, do low school ratings play a huge factor in whether or not you decide to invest in a property, or should that be one of the last things I should be concerned about?

[Luke Marsh]

As Dave mentioned, it really depends on the type of renter you are trying to fill the unit with. A family with young kids, will take a look at the school district pretty quickly, and will be much more likely to be a deal breaker if the schools are poor. While families are ideally the tenants you want, there are other potential tenants that wouldn't mind the poor schools including middle age and older couples, singles, etc.