But like Steven said, I'm probably making my own argument as I have only bought newer
units in nicer neighborhoods.
Not exact matches
Alternately,
in some of the
nicer neighborhoods in a given area, the «napkin numbers» may not look as good, but the
unit attracts
nicer tenants and the area is often perceived as «less risky»
in terms of appreciation and resale value.
We supply kitchen appliances for all of our
units, on the SFR's we supply dishwashers because they are
in nicer neighborhoods where a tenant would expect it.
So, instead of buying on 1301 Joliet St. and living
in Aurora North and having a potentially non conforming
unit, you can buy a ranch
in a
nice middle income
neighborhood in, say Lakewood or Wheat Ridge and rent the main floor or basement.