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Updated over 8 years ago,
Cash flow rentals in Riverside?
I've been looking at some condo/apt units surrounding UCR area and on the surface they appear to be tight, but reasonable to cash flow. This is assuming 20% down financing and including HOA dues. NOT including property management, though.
Does anybody have any experience in this area? Is there anything about that area that is problematic that is not visible by driving around or noticeable in the numbers?
Any feedback would be helpful.
Thanks!