The best and safest area to rent is always a concern of most investors. Of course you want the most ROI. As you look into areas to buy, look at the rental history for the area as well. Check classifieds and internet and more. Areas that are more prone to section 8 are can be select ably desired if you know how to handle a sec 8 rental. Also being approved for sec 8 is also a concern. Sec 8 are not for the faint of heart but not a hard knowledge to endeavor or to conquer as an expert so you will profit from it.
In a sec 8 rental area you may not want to rent to anything but a sec 8 qualified applicants. If you do not want to rent to sec 8 then I suggest staying away from those areas that are more prone to sec 8 applicants. However as an investor in Camden City I have made several rental properties profitable without being sec 8 qualified. My qualification standards for rentals are mostly the same as sec 8 standard except no government backing or propaganda.
I have some specific information that can help you prior to purchasing anything. This will take much of your fears from your investment.
Email me personally... firstname.lastname@example.org This info will help you find a property and provide specific local information to the Bridgeton area as an investor specific. Yes I am a Realtor in the area. Yes i can help you find an investment. But more important is the ability to take fear from your investment. So whether it is I or another that helps you find a specific property to buy, I will at least lead you to the knowledge you will need in the Bridgeton area. Knowledge of investment and rentals.
So as you embark into real estate investing with the intent to rent do yourself a favor and gather your knowledge first. If you think you know it all, I will tell you there are many new situations you will encounter to discuss here in this forum and other forums. You will want to prevent may of them.
There are some very important particulars to pay attention to when making sure you are protected. The info I will give you will help you ongoing.
Keller Williams Atlantic Shore
It's difficult to determine your questions from a posting, but my wife and I deal in fixer upper properties. We also work with investors who look for these type of properties. Give us a call at 609-417-1084 so we can discuss your requirements in detail and answer any of your questions.