Is metro cities better? or around the metro? or suburbs?

[James Kim]

Hello BP,

I'm wondering if anyone can provide some insight as to what types of areas are generally better for multi family (5+) properties if I'm looking for some appreciation but more for cash flow? I'm thinking this would land somewhere in the C+ or B class property. I'm looking around for a 5-10 unit to just scope different areas and what's available online (though i have heard anything listed is something nobody wants - not sure how much truth there is to this with multi property) and not sure whether metro (like close to down town areas) are better or the areas peripheral to the metro areas or in the suburbs. Thank you in advance for your feedback!

James

[Mike D'Arrigo]

@James Kim this question is too broad. It depends on the market and criteria. What kind of tenants do you want to appeal to? Are you going after students, young hipsters, families? That's going to make a big difference.