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Question how do you vet propriety managers and any other tips.
Markets I am considering are Indianopolis, IN, Cleveland, OH, Rochester, NY and jacksonville, FL.
Basically looking at decent returns, ok appreciation. Rochester NY has the highest CAP rates, but wonder why? Is it a dead end town? Jacksonville, FL still has low prices, but going up fast and ok CAP rates.
Question how do you vet propriety managers and any other tips.
Markets I am considering are Indianopolis, IN, Cleveland, OH, Rochester, NY and jacksonville, FL.
Basically looking at decent returns, ok appreciation. Rochester NY has the highest CAP rates, but wonder why? Is it a dead end town? Jacksonville, FL still has low prices, but going up fast and ok CAP rates.
Cleveland, OH-well it is Ohio! Indianopolis seems quite decent.
At these prices want something reasonable as prices are very very high. Just looking and collecting data.