Rental Porpert in Cleveland???

[Christina Williams]

Been looking at rental properties like this:

https://www.redfin.com/OH/Cleveland/12403-Osceola-Ave-44108/home/70765864?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

$74,900 turn key duplex. 8b2b 3,136 sq ft. $322/mo mortgage payment with 20% down. Renting out for $1,300/mo so it’s cash flowing and it’s been on the market for 83 days.

I don’t understand why it hasn’t sold if it’s cash flowing. Can somebody explain?

[Brian Garlington]

That's a D-/F+ Neighborhood.............unless there are Section 8 tenants currently occupying BOTH units (Guaranteed Income) Iwould stay far away from it. Even in that neighborhood I may stay away from it.........you can find stuff in "C" neighborhoods out there for the same amount and the same returns.