A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.

This price drop attracted attention, with three offers at asking price and six showings in just three days.

It was fully renovated when I bought it.I added value by adding income-producing rooms.What was the outcome?

Do you know what is far more attractive?

There are likely at least subtle differences between those proposals.In terms of good and bad experiences, you won't find an insurance company that doesn't produce happy and unhappy customers.  

Ive done A/B testing to see if going through my mortgage broker, or going directly to the bank would produce a better result.

not sure what the attraction to invest with these folks was.. but it does sound like a meltdown and some pretty poor operators.

Hi Geetha,The NCREIA meetups in Raleigh and Charlotte are a fantastic choice—they attract real estate operators at every level, so you're definitely in the right place to build connections!

I can see where it would be attractive for the tenant, but it seems that it could be a hassle for the landlord.

Which markets (Cities, States, Counties) are producing the highest cash flow while keeping purchase prices under 100K?