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Updated almost 6 years ago,
Low-end SFR investing
I could scoop up a connected single unit in Sac for under $150K, but it obviously isn't in the best area.
I could buy it for cash and rent for $1,000-$1,300. I have a property management company willing to manage for under $100 per month.
Do these economics fit the bill for a first time property investment for you experienced vets out there? Please chime in with any thoughts or concerns.
Thanks!