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Updated over 15 years ago,
Your thoughts on what makes a property “in a war zoneâ€.
I’ve seen in posts and in books advice to newbie investors to find cheap properties in low income areas, but to stay away from properties “in a war zoneâ€. But these posts and books never quantify what the difference is between a lower income area and “a war zoneâ€. As a newbie myself, I want to be able to recognize the difference. Can you help me understand in a quantifiable way what the differences (and similarities) are between the areas? Does it just boil down to crime rates?