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Updated about 3 years ago,
Income restricted apartment for an investment
I am getting my children interested in real estate investing, my son has come across a 2 unit in a lower income area , suburb of Boston.
These 2 units are said to be " deeded rent restrictions for low income occupants" ... these affordable housing restrictions are in place for the next 7 years.
What are the benefits & pitfalls being a landlord owning an investment like this.