Midwest Residential Investing (Newbie)
What's going on Bigger Pockets!?
I've been looking at investing for cashflow in the Midwest and I plan to specifically target residential multifamily properties for now at least. Going through the markets I noticed A LOT of inventory that is quite old. The construction dates for most properties I've seen are built early 1900's.
Is this something I should stay away from, or should I be able to rely on the integrity still for quite some time. I know that my predictable maintenance and repairs may be more compared to a newer home but I'm more so worried about huge repairs popping up unexpectedly.
Thank you for any insight!