Multifamilies is Fitchburg MA

[Andrew Zai]

I'm looking to start my investing portfolio with a cash flowing multifamily and would like to get as many units as possible with my money. From what I've seen on the MLS, my starting money ($50k) very much limits my search area. I've seen a lot of properties in Fitchburg where the numbers seem to work, but I'm a little nervous to buy there. My main concerns are (1) that the slow economic growth and high unemployment in that area will make it hard to sell in a few years when I want to buy more units with the cash and equity I've earned. (2) I'm worried that it would be hard to fill my properties with quality tenants. Does anybody have experience investing here or in similar neighborhoods and have advice for how to proceed?

Thank you!