Indianapolis & All Opportunities in Bad School Districts?
Hi there guys,
I just relocated to Indy and noticed that the majority of multifamily and other investment opportunities appear to be in areas with shockingly bad schools - ratings from 1- 4 out of 10.
When I look at all the turnkey properties, I am yet to find houses or multifamily units in great school districts, 7+ for assigned elementary middle and high schools. It appears that many TK properties have an average school rating of 3 out of ten.
I am wondering why one would invest in areas with below or even average schools if you have a buy and hold strategy?
Any areas with good schools and decent returns you could recommend? Thanks for reading and I look forward to hearing your thoughts.