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Updated over 9 years ago,
What does Low-end rental numbers looklike?
Hello! Does anyone rent in lower income area in Atlanta? Given the low inventory +high property price, I am exploring new areas to find multi-family rentals. One of the areas I am looking at rent for $500 per door. I just wonder, if I find an older property (meaning higher maintenance cost), and with tenants paying $500 for 2 bedrooms, is it possible to make cash flow? Can anyone share experiences on low-end rentals?
Thanks!