House on an Interstate

[Nick Talvy]

Hey everyone

I have come across a deal in a good rental area. The price is right. It's a safe, quite area, and the rent in the area for the size home is 1200-1300. My biggest concern with this property is the yard is fenced in, but the fence along the backside of the property is one of those big cement walls that has a busy interstate on the other side of it. I drove by tonight and you hear the steady sound of cars going by. It almost sounds like the wind before a major thunderstorm. (Might be a Florida thing). Anyway, I want to buy the property for buy and hold. I've heard a lot about having multiple exit strategies. So while the house should come at about a 30-40% discount, can having the interstate on the other side of that wall, prevent me from getting market rent, and or selling it, if I decide to flip?

Basically, stay away or if the price is right who cares?

Thanks in advance.

Nick