Buying a duplex with a large yard?
Hi,
I'm hoping to get some advice. I'm trying to buy my first investment property and made an offer on this:
https://www.zillow.com/homedetails/10594-Hobday-Av...
it's about a 1% deal if I rent it in it's current condition. I want to replace doors, trim, flooring to increase rents. My main concern is how large the yard is. It's a half an acre and the yard is shared. I want to know if this large of a yard would be more of a liability than an asset. In other words, will my increase in yard maintenance expenses be offset by increased rents or potentially longer term tenants? I wanted to get some experienced investors perspective on this. Thanks
-Aaron