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Updated over 7 years ago,

User Stats

8
Posts
2
Votes
Jeffery Leon
  • Rental Property Investor
  • Ann Arbor, MI
2
Votes |
8
Posts

Advantages and Disadvantages of Investing in Small Town

Jeffery Leon
  • Rental Property Investor
  • Ann Arbor, MI
Posted

My agent just sent me a property that is currently being leased and tenants recently renewed their contract. From my calculations, this property can cash flow very well. The dilemma is it is located in a small town with less than 3000 people in the population, 20 minutes drive to next large city. My concern is finding new tenants in the future while keeping/ increasing rent. Is this worth the risk of pursuing or shouldn't be a concern? 

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