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Updated over 4 years ago,
Location recs for first rental
Looking for a town or City where I can get a base-hit from my first deal more likely than other towns.
Price range 100k, looking for $100-200 in cash each month on average (after allll expenses, capex, respairs, vacancy, mortgage) and 8-12% COC.
Of course every town has it’s good and bad neighborhoods but what market would you suggest for a newbie to just get his first deal to get the momentum going?
I hear good things about Cleveland.