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Agreed. The tenant should have renters insurance. The landlord is responsible for ensuring a safe structure. If you do NOT replace the screen doors, the tenant could have a right to sue your company for un-liveable rental conditions.
As an American investment company, we have experience in this area.
We are finding that many investors are now looking into low income housing areas.
With the economical down-turn in Memphis Tennessee, our rental properties are across all ranges, from good neighborhoods, to bad. I would recommend that you have a target marketing (purchase) area, but also be open to other opportunities to grow your portfolio.
Hello, I agree that you should be able to find a property in this rental range.
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