First deal out of state
Hey everyone!
I was presented a deal for a triplex in Alabama, close to Alabama state. I live in Southern California so you can see the dilemma already.
The property is 100% occupied with two units renting at $600 and one at $585, each with 2 bed one bath.
The property is priced at $119,000 with over 4000 square feet, it is currently managed professionally. The owner is just looking to get a bigger property.
Any thoughts?