Questioning advice from a friend.

[Riley Holt]

So a friend of mine is into real estate and he has been doing it for years. He currently has like 12 SFH, 2 mini storages, 2 warehouses. He brings in like 18-20k/month from all his stuff. He wants me to get a house that is like 26k, pretty dilapidated, but already has a renter paying 440/month. I did my due diligence and it doesn't work but he is convinced it will. How do I proceed? I feel like he thinks I should be buying in like D neighborhoods when I would prefer c or b neighborhoods. Thoughts on this situation?

[Heath Ryans]

@Riley Holt It's your money, not his. Just because it works for him, doesn't mean it will work for you. If you buy in D class areas, your going to have D class problems. Don't pick up trash for the sake of saying your holding something. Hold out until you find something that works for you.