First investment prop. But not 100% sure on the neighborhood

[Yvette Valencia]

Hi guys! I put in an offer on my first cash flow prop. And it has been accepted!! How ever I am now second guessing if buying in that Particular neighborhood was a good choice. There is not a lot of diversity, doesn’t have the best appearance but investment properties there are selling like crazy. I had previously put in offers on 2 other properties in the same neighborhood that have gotten rejected due to cash offers. I did my numbers and I hope to get $200 in cash flow every month. My question is should I be worried about the neighborhood not looking like the best neighborhood in town?

[Jim K.]

@Yvette Valencia

Still trying to read between the lines here.

Does "Not much diversity in that particular neighborhood" really mean THIS IS A BLACK NEIGHBORHOOD? Does "I will be limited to certain tenants" really mean GANGSTAS PARADISE? Does "doesn’t have the best appearance" refer to multiple graffiti tags reading, "WHO SHOT BIGGIE?"