East Palo Alto - is this a good place to buy now?

[Shravan R.]

With facebook and other newer constructions (office spaces) coming up, I am wondering if east palo alto might be a good place to buy a rental property.

I don't have an investment property and am new to BP i.e., I am completely new to this, so would appreciate any advice! What are the most basic things to look for if one were to purchase something here?

Many thanks!

[Chris Mason]

Originally posted by @Shravan R.:

Thanks @Leslie Pappas and @Chris Mason  Not really wedded to east PA. Looking for an investment property in the bay area with a DP of around $50K at most. Hoping for something with a positive cash flow. What about be good cities for such a criteria in the bay area (if any, given the crazy market!). Thanks for your advice.

 $50k down puts you in Vallejo or similar. 

Many good properties in that town and similar ones in our area.