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Rental-Property Profits, 2nd Edition by Michael C. Thomsett

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4.

PICKING THE BEST INVESTMENT FOR YOU

What constitutes “good” rental property? Can you simply pick a house, duplex, or apartment building and depend on supply and demand? Or do you need to consider more factors, both financial and market driven?

While it might seem that the study of supply and demand would be enough to decide whether the market can support another rental, you need to go beyond the initial study and discover more facts. You must also understand how the attributes of a particular property are going to affect rental value, as well as what type of tenant the property is likely to draw. A particular property, for example, may attract ...

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