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Updated over 6 years ago,
Pros and Cons of a 40 unit in lower income area
Nervous about jumping on a good opportunity to purchase a 40 unit deal in a lower income area. The economics of this city is based off of fishing/oil and gas. Seems to me that systematizing a lower income area will be harder. This place is a little over an hour from where I live so ill be using property management. Any thoughts, experiences and anything else you know about running a smaller apartment complex would be helpful.
thanks!