Buying in small town

[Steve Franco]

So, I’m in search of my first rental. Looking for duplexes in the sub $50k range, which limits me to low income areas and small towns. I found a duplex for sale in a small town, even VERY conservatively the numbers look great (thanks BP Rental calculator!!!). My biggest concern is not if it will cash flow, but if in such a small town it will take very long to find renters. Both units are currently rented but the leases will be up soon and I dont know if the tenants plan on re-upping. Anyone have any experience or insights with these small town rentals? The town has 13,000 people only Thanks!

[Ryan Carter]

Jay Helms Couldn’t help but respond once I saw where you live! We love Gulf Breeze and make a point to visit at least once a year.