Investing in Henderson, NC
All,
Looking at an opportunity to invest in a duplex in Henderson, NC. I am in Raleigh, so it's within an hour's drive. I am struggling with the cliche location, location, location. The property is fully rented with a year's leases on each. It's also pushing the 2% rent to property cost envelope and would be netting about $1000 monthly. I am not so much concerned on appreciation, but more so rentability and sustainability to rent at that price in that area/geo. Anyone with experience in Henderson?
Thanks,
Aris