Rentals in rough neighborhood

[Arreanna Cromartie]

I am new to the REI industry but I have educated myself with as much as I can possibly to at least get me to my first deal. Me and my partner have a few properties that we are in the negotiation phase with. We don't feel as though these properties would work for fix and flip investors mainly because of the area but we are thinking of negotiating seller finance and putting about 3k into repairs and using them as rentals. Our monthly cash flow looks to be about $275 for the first 6 years or less time and then we are looking at $475/monthly cash flow. Any ideas or suggestions