Package of older SFH

[Kelli Van Doren]

Hi,
An investor is selling 9 SFH properties in a smaller town (Fulton) about 40 minutes from me in Columbia, MO. We are interested in 4. Two that are selling for 40K (500 per month rent) and and two for 44K (550 per month rent). They are 1940's homes with 4 bedrooms (except one 3 bedroom). Each has had work done inside on bathrooms, floors, water heaters, HVAC.

They are well maintained. They are rented with an excellent property manager in place. The tenants do all yard work, snow removal, pay all utilities and do repairs that are under $100. PITI is 904 a month.

They are so much more affordable than SFH in a comparable part of my town.

Thanks for your thoughts.

Kelli