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Updated about 9 years ago, 10/26/2015
How Small is Too Small
There is a 676 sq ft, 2br 1 ba SFR a few blocks from a major university on the market in my area, but my realtor says he is concerned about the small size. Since I'm new to real estate investing I want to take his concern under advisement, but at 19k with A/C I'm thinking I can get a 30% Cap rate.
What are your thoughts/suggestions BP?