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Updated over 7 years ago,
Duplex Advice: gross rent at 1% of sell price
Hi - can i seek some advice if below is a good deal to pursue:
Duplex for $230K turnkey : rental details 2 units together gross rental $2K/month. Tax ~2.5K
I read some about 2% rule -- it does not seem to qualify that rule but then i have not found any that meets that rule. Is that possible only for section 8 houses that are below 50K?
any advice on : if above house makes sense or not will be appreciated
Ashish