Ask the DOH if you get ANY say in who they give it to babe... we have BRAND NEW flats next door... trashed.
And once a property is DOH, everyone knows it. VERY hard to rent out again later for a good price, especially if there are more in the area.
Not sure if its the same as it is here, but once you put too many DOH places too close, the whole area is ruined. (no offence to DOH folks, but is it true here for those that know where I live)
You may find its good rent for awhile, but your resale in a few years will drop dramatcially. We only have 2 in our whole estate, and we have already lost alomst $90,000 in value.
The couple across the road have lost more than us, and cannot even afford to sell because they would still have a mortgage left over.
Will DOH buy from you later? A private buyer wont pay much for exDOH here at all, might be different where you are though....
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