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Updated almost 5 years ago,
Turnkey in D class neighborhood
I am interested in purchasing a turnkey property only. I am finding properties that appear perfect as far as the condition of the property and the price range. I don't have a lot of cash so these perfect properties unfortunately are in D class neighborhoods. A friend of mine who has several properties tells me to stay away from a D class neighborhood. I feel like if I don't take a chance on some of the updated properties in a D class neighborhood then I won't be able to start buying real estate. How critical is it to own in a C class neighborhood or better? Is owning an updated property in a D class neighborhood better than not owning a property at all? Anyone out there having success owning in a D class neighborhood?