Indianapolis /Lawrence area? Investing

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I see a lot of homes for sale in the Lawrence area of Indianapolis for under $70000 and do not hear much talk about this area in the forums. I'm guessing there is a reason for this. I also see a lot of foreclosures in the area and the school ratings are not that great compared to other areas of the city. What are your thoughts for cash flow properties in this area? In your opinions what area would be ideal for quality homes under $70,000? Thanks everyone and I can't wait to hear your thoughts.