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Updated over 3 years ago,
Finding Neighborhoods for Rental Properties
I have a mentor who gave me the advice to identify an area that I want to invest in, a zipcode or two, and learn it inside and out. He has small sections of his market that he knows better than anyone else, he is able to keep a good pulse on those areas since he knows them so well.
I was wondering what traits of neighborhoods and zip codes etc make good candidates for rental properties. What kind of things should I look for to identify which zip codes I am going to try to learn and find deals in.
Let me know. Also, if you do not agree with this advice, explain why he is wrong. I am brand new and am trying to get started.