Came across a duplex for 475k in SoCal. Up and coming area that’s getting gentrified fairy fast. Looking to rent out the front for 2k and and splitting the back with a housemate for 1k. Cont below.

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Absolutely

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Where in SoCal? Real estate’s slowing, be careful with “up and coming” areas.

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South Bay. Not a dangerous city like watts or Compton. Just more industrial and blue collar. My biggest concern is also downturn on the horizon. Don’t want to buy today just to watch the value shrink 20% in a couple of years

Beware of gentrified fairies; they won’t take you on nearly as exciting adventures as the ones still grinding it out

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With conservative estimate I’ll have enough to cover mortgage, expenses, taxes and maybe keep a couple bucks a month. Is this a good investment? Upside: appreciation and value add in the future since lot is zoned for R2.

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