Updated over 13 years ago on . Most recent reply
Rental house on a busy street?
I know that it may have a lower resale value in the future because of the street, but does it still make sense to buy a rental on one of these streets if you can get it at a good price?
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My opinion, just about every property "can" be a good deal... you just have to accept that "good" is entirely relative to the property.
Because of location it may take longer to rent, attract a lower quality tenant, have a more transient population, demand lower rent... etc.
As long as you've taken all those things into account and STILL have a good price, why wouldn't you buy it?