location or cash flow

[Mel Rosario]

which is better so so location with cash flow, or desirable location but no to little cash flow? I am looking into a property that has a net operating inc of 52K with a cash flow of about 17k per current owner. Owner is selling the place for about 800k for 8 mixed units. Looking at the area, it is surrounded by businesses, storage facilities, a railroad, and very few rental complexes but near a main highway. My other places are much nicer but don't give me this kind of cash flow. I'm just concerned if i purchase this, how hard will it be to sell it in the future despite the cash flow? Any opinions. does location matter, future appreciation if any, cash flow?

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