Hello! We are in the process of trying to buy our first investment property. We live in Orlando, Fl and a triplex has just come up on the market near the University of Central Florida. One of the first things the listing agent told me was "all of the surrounding triplexes have been picked up by the fraternities because they have been kicked off of UCF property." Immediately I think this is a HUGE red flag. Am I wrong to think this way? All I can think of is bodily fluids and holes in walls and doors. As far as the property details go, she told me that the owners just replace things (appliances, doors ect.) as needed and it needs some cosmetic improvements. I am not worried about getting it rented as much as I am maintenance and repairs constantly popping up. Opinions?
