Updated almost 6 years ago on . Most recent reply
Small town investing
Hi all,
What are people's thoughts on small town investing. If you do use this method, do you have certain criteria (ie- current pop, expected pop, occupancy, etc)? Thinking I found a solid deal in a small town but the population is only about 3500 with small growth.
Pros:
Less competition
Cheaper
Good cash flow
Cons:
Low appreciation
Hard to find tenants fast