Cashflow Vs. Neighborhood
Keep a strong cashflowing property or get out of a declining neighborhood to redeploy the capital?
I have a 9-unit multifamily property that is currently cashflowing very well. However, the neighborhood it is in has been trending downward in terms of the number of homeless residents in the area. I am debating whether to sell it and redeploy the capital, or keeping it as it cashflows well each month.