Is this deal good for buy and hold?

[Richard Carr]

12-plex small town in Texas, population is declining some 16k a door rent is 375 a month 80 percent occupied

[Rod Khleif]

@Richard Carr

Hi Richard, as Greg mentioned there's too little information to make an informed decision. Based on what you said, I would suggest you determine and/or do the following:

- Why is the property 80% occupied? Are there down units? Is there no demand?

- To test demand run a "teaser" ad on Craigslist advertising the units

- Why is the population declining? No jobs/industry? I'd suggest researching who the top local employers are. Make sure there's several and that there's diversity. You don't want to be stuck in a one horse town