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Updated over 7 years ago,
Bad idea to buy very cheap property in Chicago?
I'm interested in investing in real estate but I've yet to purchase my first property. I've seen a lot of real estate at low prices in the Chicagoland area. I'm assuming it's because these properties are in areas with high rates of crime. I'd love to read advice from anyone here who has invested in that kind of thing. Would you advise against it? Is the low price of admission not worth it in the long run because of the risk of being killed while remodeling or living in one of the properties?