is it bad to own rental property that has a basement

[Jayden Hamilton]

Is it bad to own rental property when it has a basement due to potential flooding and getting water in the basement?

[Jonathan Styer]

It really depends on the property. The biggest issue, at least here in Columbus, OH, that causes damage to properties is simple grade, gutter, and downspout maintenance. If water is running away from the property you should be fine in most cases. There are areas of the city where the sewage infrastructure cannot always handle the water but generally that is not a problem. 

That being said, I like slabs because it's one less thing to worry about. I wouldn't walk away from a property with a basement by any means and I own properties with basements and on slabs.