[quote=spdrun]Stuff that caps out at 6% is usually middle to high-end, meaning that it’s easy to keep rented with minimal heartache. It’s also in areas that you’d actually want to live, unlike Fresno or Texas.
And a lot of mx that you’d need a property manager for is taken care of by the condo management company.[/quote]As the saying goes, higher risk, higher return. Also, just because it’s low end doesn’t mean it’s always a big heartache. I know people who have rentals in Fresno and one of their property, their renter has been in there for over 10 years and the other ones have renters in there for 3+ years so far. Those are life long renters who are on welfare.
