Posted by jim on February 12, 2002 at 18:35:20:
I believe you have a very good idea for long term rentals. You must research the market in this area to see if rentals in this price class are needed. You don’t want to be stuck with houses you can’t rent or have to rent at a much lower rate. Also, you must get high quality tenants that will keep the properties up. If the properties are not kept up, the homeowners in this new community will be mad at you and could make your life and investments miserable.