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Updated almost 12 years ago,
Tenants from the Lower End of the Spectrum
Let's say I had $200,000 to invest (200 being the median in my area), and I decided to buy two, $100k SFDs instead of one $200k one. Is that a decent idea if you can get the same or more rent by doing it that way? Or do you think that someone who is paying $800 instead of $1500 in rent is going to be much more trouble and harder to find and this or that compared to the next tenant up in the price scale?