Updated over 2 years ago on . Most recent reply
Understanding risk when buying remote rentals
Are there good resources out there for folks that are new to the remote SFH rental income game that provide guidance on the less obvious risks when purchasing a rental? I'm comfortable with the obvious #s (ROI, yield), but my concerns are (1) figuring out whether the house is "on the right side of the tracks," (2) if there are any big ticket purchases (e.g. roof, water heater) that are required or impending, and (3) what the local economic prospects look like.
Many thanks in advance!