Vine City and Grove Park

[John Robinson]

Good evening investors,

I've seen a few posts here about the Vine City and Grove Park areas. The area is clearly questionable, but it's hard to deny the obvious progress surrounding it. There are tons of apartments in the area and I would like to hear from some of the people who are investing there. 

What are some issues you face? What size units are you renting? Is the cash flow worth the "challenges"? Are you interested in continuing to invest there or are you looking to sell? I appreciate all your input.

[Randy Lee]

Purchased a single family rental in Grove Park in 2015 when the area was much worse. Took over existing tenant who still lives there. Values have more than tripled since then, but I still plan to hold for long term. Purchased cheap so cash flow is good. I have not increased the rent. Still looking for opportunities there which are much harder to find now.