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Single family housing as the new asset class?

A lot of press lately about single family housing becoming the new asset class for big investors.  I think it can be done profitably for small investors also.  Recently, one of our property owners picked up a 1,900 ft +/(-) property for $110,000.  Property needed $5,000 of cosmetic repairs to get it ready to rent.  It should rent for $1,300 per month.  $15,600 gross rents per year on a $115,000 investment…Not bad.

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