first purchase....way out from town?

[Adam L.]

So I still haven't jumped on anything yet, but this one recently came across my email.

It's in an area that's way out of town, past the airport, maybe 15 miles. Big city. There's a small development that's built a few hundred houses. Nearest grocery store is 6 miles away. It's a pretty cheap market w/ rentals.

Purchase $175k including closing

3/2, 1500sf, 2car garage

looks to be in great shape, decently 'fresh' and rental ready

comparable rent ~$1500 in the development.

Thoughts?