Buying in a poor school district.

[Mitch Kronowit]

I just found a small house in a nearby county. It's a typical opportunity, low price, moderate rehab costs, decent rent, etc. However, I usually look at school districts when I evaluate a house and its neighborhood because I like my rentals to appeal to the lower half of middle-class families. For instance, the tenant in our San Diego condo primarily rents from us because she wants her boys to attend the schools in that district. The condo itself is of secondary importance to her.

Does anybody else look at school districts for potential rental real estate investments? What kind of experience, good or bad, have others had with a rental with less than desirable schools in the area?

Thanks for any and all inputs.

[Account Closed]

I often have prospective tenants ask about the schools that there children would be going to. It often is just as important as the neighborhood or other demographics.