Virginia Investors - Lovettsville Rental Market Attributes

[Christopher Smith]

There is a property in the Lovettsville Virginia area that I am evaluating on whether it would (or would not) be suitable to become a solid SFR rental property. From my very general understanding of the area it is an OK drive into the outer ring of WDC. Of course I live in the Bay area so anything under 2 hours one way here is great, it would be good to get a local's opinion of the commute. I lived in Bethesda once, but that was many moons ago.

Also what would the likely tenant pool be? Middle management Govt employees? Any idea of the rent ranges say on a very nice 4/5 br 3 bth built 2000 on large lot? Just balk park stuff needed at this time. Does Lovettsville have any significant business activity of its own, or is it primarily WDC dependent?

Anything else to consider (Va. landlord / tenant laws, taxes, etc.)?                                                  

[Chris Attiliis]

@Christopher Smith I dont think many people would want to commute into DC from Lovettesville. It's probably a 1 hour 45 min commute each way when things get back to normal post-covid. But many people are enjoying working from home and dont need to commute. That being said what else would attract someone to the area?