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Updated over 7 years ago,
Best city/neighborhood to buy
Hi
Im looking to buy a rental property. My investment rationale is:
1. Strong CAP rate 6.5% or plus
2. No leverage used to juice/reach the CAP rate.
3. Investment amount 250k. All cash.
4. No low income areas. I invest in places where I would live if I had to.
5. The state has a landlord friendly regulation
6. Preferably, not necessarily, low state staces.
So which ones do you consider? Any realtor you recommend?
Thanks