Inherited House Louisiana
I just inherited a 1800 sq ft 2 bedroom 2 bath pier & beam house in a small town in Louisiana with a population of approximately 300 people. I want to start investing in single family rentals but I am not sure if this is the town to do it in? The house is in good shape and would need minimal repairs if I tried to rent it. I am also toying with the idea of selling it. How would I find the appropriate rent price for this house considering the minimal population and industry in this town and surrounding area? I am located in Texas and would be dependent on a management company for my first rental. All thoughts and ideas are welcome.