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Updated over 9 years ago on . Most recent reply

Rental with a Pond and a Dam in MA
I'm just starting out and am analyzing a property that is a 2 unit place in Harvard, Massachusetts. I'd be looking to buy+hold, update and rent out both units. My question is would you go anywhere near this place given that:
1) There's a pond on the property (really gorgeous, but do you want to rent with that "problem")?
2) There's a registered dam (and MA inspects them and can demand upkeep done by the owner)?
3) there's bound to be lead paint in the property
I'm thinking as an early investor I should just steer clear of these problems - but I'm interested in any perspectives.
Thanks!
Morton++
Most Popular Reply

Thanks for the tips @Russell Brazil and @Derreck Wells Yeah - I realize now that of course lead paint is going to be an "issue" for every house up here. Duh.
Good point about resale value.
Thanks for the positive responses.