Thoughts on Albany, GA
My wife and I took a look at some properties in Albany, GA today. We were looking at a few in the 2nd Ave area and they seemed in great condition, great prices, and a nice area. We meandered through the city to check it out and there were some tough looking parts and a downtown that seemed just ok. So, when we got back home I did a little further digging and saw the issues the city is having with crime, also that there's a huge renter population there.
1. Is Albany worth investing in for the long haul?
2. What's going on with all the crime?
3. Why is there such a huge renter population and does that over-saturate the market?
Would love to hear from both investors there and folks who live there.
Thanks!