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Updated over 6 years ago, 04/25/2018
Multifam far from home - great ROI, not great location.Thoughts?
I live in NY area and am looking at my first time investment in a sleepy town in PA (York City). This is a B- to C neighborhood but the price is fantastic, needs minimal work with strong cashflow if I can get good tenants in. I would also need to rely on a prop management company since I am far away, and likely would need to work with them to find great tenants too. What do you think as a first time investment? I am a mom with young kids and a husband who doesn't get excited about the cashflow verse the hassle but I do! I see this as cashflow, plus the learning aspect for better or worse. Thoughts?