Buy and Hold Potential in CT?
As a CT resident, my initial impulse was not to consider this state as a location to purchase a real estate investment. The taxes are high, the property values are high, and based on statistics over the last year or two I see more residents leaving CT than coming.
That said, for those investors out there who buy and hold and rent, is there positive cash flow potential without investing in D class properties in areas like Bridgeport or Hartford?
My initial thought was that I would head out of state to start and I still may do that, but it would be my first investment. Just trying to weigh all my options as a newbie.
Thank you,
Claudio