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Updated over 7 years ago,
Southern Vs Northern states investing?
I'm curious about people's opinions when investing in Southern vs Northern/Midwest US. I have only lived in Southern states and want to learn some of the key differences in regards to operating expenses. I've been a SFR tenant in several areas of Florida, and in all cases, lawn care and HOA is provided by landlord while all utilities are handled by tenant. As a landlord, these expectations seem to carry over. Is this usually the case in other areas of the country, or does it vary? Are furnace maintenance costs high? Are maintenance costs higher in general due to snow and ice? What Is snow?
Some of the Midwest deals I'm seeing look very appealing compared to prices around my area. I'm just wondering what I should look out for that I might not anticipate.