Updated almost 7 years ago on . Most recent reply
Rental - 2 blocks from campus
I have an opportunity to buy a really nice SF home 2 blocks from a college campus. Occupancy is not an concern. My hesitation is that after repairs & my financing costs, I'm at 90% of the market value. Rents are $1750/m & the monthly costs all in, are around $1300. Thoughts? I'm concerned about the tight margin, but the demand for rentals there, is very high.