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Updated over 9 years ago on . Most recent reply

User Stats

19
Posts
8
Votes
Nicole Lybrand
  • Investor
  • Little Rock, AR
8
Votes |
19
Posts

Whitehaven + galvanized steel & copper

Nicole Lybrand
  • Investor
  • Little Rock, AR
Posted

I'm new to the Memphis investment market. I have one property in Raleigh that I bought through MidSouth and was very pleased with the reno. I am looking at another in Whitehaven that is tenant occ. 3/3 built in 1960. Purchase price is $93k and it is rented for $1050, so the numbers work. BUT it has galvanized steel and copper piping. Is this a deal breaker? Thoughts on Whitehaven neighborhood? 

Thanks for any input!  

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