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Updated over 4 years ago,
Class D and F areas first time investor
Hi everyone, I am new at investing in real estate. I’ve been doing a lot of studying on the subject but now it’s time to put it in action. I am looking at two four plex properties next to each other in a class F area. I analyzed the property and the numbers are good. Some of the units also have tenants some long term. I’m wondering if anyone can share there experience from owning units in these kind of areas? Is it a good idea for a first timer? I will have it managed. If I do proper screenIng can I get good tenants? Is it normally a high turn over rate for this kind of area? Is there any info I need to know I’m not asking etc. Thanks I appreciate the info!