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Updated almost 3 years ago,
Investing In Scranton
About to pull the trigger on a multi family (2 unit) rental property in Scranton. Tenants in place 3 and 4 yrs respectively. Rent roll is $1,700 and expenses come up to $1,000. Negotiated for 89k (with 25% down). I've run the numbers 100x and they make sense (to me at least). But I've come back here and re-read all the posts about Scranton and I'm now starting to get cold feet. What am I possibly overlooking :(. How do the #s sound at first glance?