Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago, 04/28/2021
MFRS in cash flow markets for a hands off investor
I notice duplexes are maybe 1/3 more expensive than SFRs in Toledo but generate 75% more rent. Seems like a good deal. Primary downside appears to be less inventory though still not bad.
I hear tenant quality is a step down though. In markets that are already low cost I wonder if I may be getting myself and my PM into a headache by buying in a B area but actually getting C tenants. What do you guys think, are they trouble for out of area owners? Or still a pretty good option?
PS: I am also considering Cleveland and Memphis