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Updated almost 7 years ago,
seeking urgent advice for investment property
Hi all,
i am buying an investment property near downtown Orlando(zip 32805).
the house was built in 1966..no major issues with the rood or the property overall(1100 sq ft duplex) and it might also give me a positive cash flow.
there is news about a new development coming up in the area in the next few years. however i believe the crime rats are higher aaround the area and people who rent here wont come with a good credit history.
Im a very worried now about the challenges that i might have to face with such risky properties. should i still go ahead with buying or back out ??
any honest suggestions are welcome