Can tenants be found in poorer neighborhoods of Cleveland?
Hi All,
I've been looking at a number of low cost homes (~ $20k -$30k) in some low income areas of Cleveland, OH. They would be good cash flows if we could rent them for around $700-$800/month. My concern is the likelihood of finding good tenants for these SFRs as well as maintaining high vacancy rates.
How can I find unbiased rental rate information for those specific areas?
Thanks for any/all inputs.
Mike Klein
Point Freedom Investment Group