Rental Property Investor · Los Angeles, CA · Member since 2016 · 6 posts · 1 vote
I came across a compelling 23 unit listing in the fairmount neighborhood of Cincinnati. It’s part of a larger portfolio. Class C property. I’m unfamiliar with the area. I just received the financials. Is there anyone that can speak intelligently about it and familiar with the area? I’d like to chat with you more about it.
Rental Property Investor · Cincinnati, OH · Member since 2017 · 258 posts · 207 votes
7y
Calling it class C is a bit generous. If you specialize in low income housing then it is fine, but if you prefer more workforce housing I would not buy in Fairmont
Real Estate Agent · Cincinnati, OH · Member since 2015 · 474 posts · 580 votes
7y
@Malcolm F. For me it would depend on the numbers, and if I had a really strong manager in place given you are out of state, but I personally do not like D class areas either.