Rentals in bad areas

[Roc P.]

I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the home and possible resale of the home, i.e. no one will buy the home because of the area it's in.

I know that having cash flow is the most important thing with rentals but I'd like to hear everyones thoughts. Thanks

[Michael Rossi]

Cash flow is KING with rentals. However, even though the numbers look good on a piece of paper, it is VERY difficult to make money in a warzone. If bullets fly, I won't buy!

Mike