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Updated over 5 years ago, 06/26/2019
Became a landlord by chance.
Investment Info:
Single-family residence buy & hold investment in Margate.
Purchase price: $352,000
Cash invested: $80,000
Originally purchased as my families primary residence, bought near the height of the house bubble in South FL. We placed it for sale in 2006 and instantly had a family request to rent the property and they have been renting it for the past 5 years to the same family.