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Updated over 3 years ago,
Possible Great Deal In Not A Great Location
I live in Arkansas and are new to real-estate investing and have a few questions about a property I found in Little Rock about an hour away from where I currently live and I found a deal. The property is offer 3 duplexes and 1 single family for 105k. The issues are that their are no pictures of the inside and is not in a very good location. My first question is, is it worth perusing a property that in a rough area assuming that they were rehab able at a reasonable price? What rehab work would you do to it other than necessities? How would you attract tenants to your property? What would be some of the risks vs rewards from owning property like this?
thank you