Considering buying a single family home in Dundalk
Considering buying a small single family home in Dundalk area off Wise Ave for long term rental,possible flip...Any rent restrictions or other issues I should be aware of in that area?ROI numbers seem not bad and area itself seems also nice (went to see it)
Any and all inputs are appreciated.
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Hey! Dundalk is right in my back yard. I'm over in Essex currently. As far as a demand for SFH rentals - I don't see many homes staying unrented for long. I'm not as familiar with that particular section but know of the street it's near. Dundalk and Essex in general, are not great neighborhoods but they certainly aren't "war zones." Feel free to shoot over a block number/address and I can give maybe give you some more input on it from a resident/new investor point of view. I've lived in Essex for 8-9 years now and it's really being hit heavy with flippers improving the SFHs - so that might be the best route to take. Same time, there is a relatively high demand for rentals/low-income housing (given the number of apartment buildings, mobile homes, and rowhomes/SFHs being rented.