1% deals in Tuscaloosa, AL

[Drew Brock]

Calling all Tuscaloosa investors,

I am looking into a few houses in Tuscaloosa.  One property I am particularly interested in is $129K and would rent for $1200-$1300 (i.e. ~1%).  3 bedroom 2 bath in the Forest Lake area, newly renovated, granite countertops, new roof, etc.  Should I keep looking for deals with better cash flow, or is a 1% property a decent deal in this area?

Thanks for the help,

Drew