East Side

[Kristina Modares]

I'm looking into investing in a property around $40-60K My plan is rehab (20-30K), rent, and hold. I've heard Dignowity Hill is a good area but apparently I won't be able to find a place for my budget. What other areas do you think would be good for my plan? I'd rather pick a spot where millennials are moving since I know that market well. 

[Mike Garland]

Kristina,

Unfortunately so is everyone else!  Most of those type areas are already experiencing high price increases outside your price range, as well as some of the surrounding areas which do not warrant those kind of prices.

You may want to look into Denver Heights, just south of Dignowity Hill.  Still a rougher area, but there are big development plans for that area.  Prices are still manageable there - maybe in your price range.