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Updated over 4 years ago, 09/03/2020
Considering Junky Rentals for Cashflow in Rough Neighborhood
Hi all,
I currently own a class B/C duplex which I have been managing myself for about 4 years. I really want to amp up my investments and have found a couple 1-4 multifamily units in a neighboring city but they are on the the rough side of town. They both seem to cashflow well and are cheap enough to put the 20% down needed.
I would love opinions on investing in a rough part of town to get things going and receive some cashflow. I would plan to have these managed by a third party as to stay as hands-off a possible.