Is Richmond a strong buy and hold market
I am considering markets outside of my local market and was interested in Richmond. I live in northern va and have 1 rental here and one in buffalo. I have considered some of the hotter markets like Memphis, Indianapolis etc; a place like Richmond would be 1.5 hour by drive so some more comfort there. Looking for long term buy and hold. Not really looking for fixer upper. Something that is ready or close to ready. Not looking for super cheap neighborhoods either. Maybe something in the 80-100k. Is that possible?Any suggestions on area and good management companies? I could do MLS or off market as I have some direct mail experience. I know little about the market beyond zillow.
Thanks!