Pros and cons to buying two rental properties in same hood

[Meredith Bailey]

I already own a rental property that cash flows $450/mo. There’s a nearly identical house to mine a few houses away that will cash flow about the same if purchased for asking price. I’ll need to use equity in my other house (or my residence) for the down payment. Should I go for it?

[Nathan Gesner]

There's nothing wrong with staying in that neighborhood as long as it's a good area. It simplifies your drive-by inspections!