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Updated about 8 years ago,
Rental Properties on Busy Roads
I am a newbie to real estate investing and am looking to get into the game by renting out my current home. The house is located on the intersection of two busy streets and I am wondering how this affects the success of a rental property. In general are vacancy rates higher with a property like this? Are tenants of lower quality? Would rents be lower than other similar houses that are not on a busy intersection?
Any insight would be greatly appreciated.