Just out of curiosity I've been checking out housing prices in the Pensacola/Milton area. Like with a lot of other places around the country they look to be "under valued". At least on paper.
I've seen several nice houses listed for under 100k that look like they might make good single family rentals, especially for Navy/Marine studs that move in and out of the area.
Is there a market for rental homes in the $ 800 - $900 per month range? Assuming a nice house and convenient location, is it reasonable to think that you could keep a rental house occupied for most of the year?
Comments?
I've seen several nice houses listed for under 100k that look like they might make good single family rentals, especially for Navy/Marine studs that move in and out of the area.
Is there a market for rental homes in the $ 800 - $900 per month range? Assuming a nice house and convenient location, is it reasonable to think that you could keep a rental house occupied for most of the year?
Comments?