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Updated over 5 years ago,
Small Town Investing
I live in a smaller town roughly 11,500 people and about 30 minutes from Columbia, MO. Does anyone have experience investing in smaller towns, Pros and cons to it? The area I’m in is C-B with a few A neighborhood sprinkled in with no rhyme or reason to their location, demand for rental properties is high but the landlords here already close niche and older. There are plenty of good well paying jobs around, mostly factory but the work is here and close by although I’m new to the area (5 months) I’ve noticed some hot spots for crime, drugs mostly, but what confuses me is one block is decent, yards maintained, clean looking, nice curb appeal, but then you go a block down and it looks like a war zone. If any one has some do’s or dont’s or has some experience with investing in similar areas I would love to hear your feedback and pick your brain! Thanks in advance, Matt.