Multifamily Investment in New London County, CT

[Joseph T. Williams]

Hello all!

Long time member, first time poster here. I am an officer in the US Navy who will soon be stationed in Groton, CT. Coming from South Carolina and California, property in this area seems to be fairly affordable, and back-of-the-envelope math on at least a few on-market properties seem decent. My plan would be a multi-family house hack for the time I am stationed there transitioning to a standalone rental property. My question to y'all is, aside from the high property tax rate, and increased heating expensed, are there any other big factors I may be failing to consider in my analysis? Does anyone here have firsthand experience in this area and have any recommendations for someone in my position?

Best regards,

Joseph