Louisville Market Feedback

[Chris L.]

I am looking to invest in the below zip codes in Louisville,KY and would love some feed back on your experiences. 

40216, 40258, 40214, 40272, 40118, 40219, 40215.

* looking for SFH or Small Multi Family.

Here is some info to help provide why these zip codes are of interest and my understanding. If something is incorrect, please let me know.  

1 - B - to C class neighborhoods : 

a - I am looking for cash flow, but do not want to invest a lot of time into the properties. I will be working with a property manager. 

b - Decent price to rent ratio ( not 1% however with the market shifting could be close within the next 6-24 months).

c - Lots of renters in these neighborhoods - helps decrease vacancies. 

d- Decent public high schools in some areas - more likely to attract families ( longer occupation periods). 

2 - Age of homes - generally built within the last 60 

a - Opportunity for cosmetic renovations - easier entry to the BRRRR method

b - Not as likely for expensive repairs or structural issues ( I would walk away regardless should it show up in the inspection). 

Thank you in advance!

[Jeff Schemmel]

@Jordan Moorhead invests in Louisville, he may offer some feedback or even have something for you.