First Buy and Hold, Mid vs. Low value area?
Hello friends,
I'm looking to restart my portfolio and wanted to see if anyone had opinion on geographies. Most of my looking has been in Utah and south SL counties, midrange ~200-300k SFHs. Growth is projected at 4-5%, homes typically <20yrs old. However, there are other areas in Utah with significantly lower prices, such as cache valley, west Weber county. I have capital for around a 300k deal. For a buy and hold Do I get more bang for my buck in a lower value area? Or is it all a wash?