Is social class important or are numbers all that matter?

[Michael Guzik]

Howdy Guys I am looking into getting my first property and am kind of stumped right now. The market is hot so there are not too many plex's for sale in great parts of town and the ones that are for sale are priced at 2-3 times the appraised value. I have seen some good deals numbers wise pop up but they are on the south and west side here in San Antonio which is mainly lower middle class Hispanic and can be pretty rough. My question is should I not care about the community/social class and look for a property that cash flows well regardless, or should I just be patient and wait till a property in a very desirable area pops up at a reasonable price? What has your experience been like and what would you suggest to look for or avoid?