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Updated over 5 years ago,
nice prospect for small family rental
I came across an 4 bed- 4 bath old house (1916) in MLS. I ran some numbers and it came up with ROI of 16%. I am sure the house needs work, but I think it could be a good rental property. Since I am a newbie, I do not very well how good of a deal is. Can anybody help me to determine what my options are. Thanks.