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Updated over 6 years ago, 04/21/2018
Buy & Hold market in San Antonio
I'm consider investing in the San Antonio area, and I did a little research there. According to BestPlaces and Niche, 1/3 of the people in San Antonio rent while 2/3 own a house, which suggests there's little rental demand there. This is probably especially true for SFH, where the target renter demographic would probably want to settle down and own a house anyways, since the mortgage is a lot cheaper than the monthly rent.
SFH buy and hold investors in the San Antonio area, what are your experiences like? Wow long does it take for you guys to find tenants and how long do they usually stay before leaving and buying a place of their own?
Thanks,
Ray