Possible Great Deal In Not A Great Location

[Josh Gonzales]

I live in Arkansas and are new to real-estate investing and have a few questions about a property I found in Little Rock about an hour away from where I currently live and I found a deal. The property is offer 3 duplexes and 1 single family for 105k. The issues are that their are no pictures of the inside and is not in a very good location. My first question is, is it worth perusing a property that in a rough area assuming that they were rehab able at a reasonable price? What rehab work would you do to it other than necessities? How would you attract tenants to your property? What would be some of the risks vs rewards from owning property like this?

thank you

[Dan Portka]

@Josh Gonzales sounds like you already understand your expenses and vacancy rate will be higher in a rougher neighborhood.. I’d try reaching out to some local property managers or other investors in the area to get an idea what to expect numbers wise and then see if the deal makes financial sense! Just be prepared for a little more headaches than if you were to buy in a nicer neighborhood