SFH O'Bryonsville vs. Madisonville Cincinnati
I am looking to purchase a SFH as my primary residence for a year or two, and while there I will be fixing it up and preparing to rent it out (as part of my buy and hold strategy). I use to live near O'Bryonsville in Oakley, but have since moved to N. Kentucky and have been away. I know this area (Oakley, Hyde Park, East Walnut Hills, etc.) is still popular with young professionals, but I was wondering if any on BP had an opinion on the two areas (O'Bryonsville and Madisonville)?
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Madisonville is a nice little spot for investors, but it is absolutely a street by street basis. Madison Place is great, too. These 2 'hoods are one of the few in the area where 2 bed houses are selling, and they're going to young professionals who demand granite, etc. in their $120k houses. Fortunately, the kitchens are so small that you can buy remnants!
People are flipping houses all over Cincinnati - Roselawn, Bond Hill, Price Hill, too. It's all personal preference and looking at the numbers. End of the day, money is all green and spends the same, so I'll go where I can get better returns because other folks are scared to go there.