SFR in Memphis with no A/C

[Heidi Offerdahl]

I'm looking at investing in Memphis, TN and I've found a property in 38118 zip code and the house doesn't have A/C.  Is this common?  I would think a house without an A/C unit would be harder to rent.  Any thoughts?  Thanks

[Dean H.]

@Heidiofferdahl

Heidi, In Memphis we handle A/C on a house by house basis based on neighborhood and competition.

Compressors tend to get stolen often in some areas. We tend in those areas to supply good dedicated circuits for window units which tenants supply if they want A/C.

Remember if you rent a home with central air you must maintain it, if tenants supply window units maintenance is on them. 

Again it all depends on the area and competition

Dean