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Updated over 4 years ago,
Investment Property - Townhome - Manchester,VA
I am planning to buy my first investment property which is a brand new town home 2 miles south of James river in Manchester, VA city ( exactly 3 miles from Virginia State Capital ).
I started listening to the podcast of BiggerPockets on youtube & started taking small steps towards being financially independent.
Property price is 380K and i am planning to put down 20% down.
So here are my question's.
1) is it a good location? ( Schools are very bad )
2) can i expect minimum 2k rent ?
3) if you know of any other better location like suburbs of Richmond. let me know.
Appreciate your inputs.