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Updated about 4 years ago,
Cashflow or Appreciation
The topic has been discussed a million times in a million different ways but I have an opportunity to purchase 4 small 3bdrm homes for around 115k. They are in a economically depressed rural location and will be HUD properties. I believe current rent on them to be 550 and can prob be pushed to 600 each. My only issue with the deal is knowing that, most likely, they will never appreciate. I will simply have to hold them until paid off and then leave them as 4 little piggie banks. This will be the first purchase for my new LLC.. What are the expert's thoughts?