Advantages and Disadvantages of Investing in Small Town
My agent just sent me a property that is currently being leased and tenants recently renewed their contract. From my calculations, this property can cash flow very well. The dilemma is it is located in a small town with less than 3000 people in the population, 20 minutes drive to next large city. My concern is finding new tenants in the future while keeping/ increasing rent. Is this worth the risk of pursuing or shouldn't be a concern?