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Updated over 6 years ago,
Investing in rough neighborhoods
So I'm looking at a home that on the other side of the block has nice homes, a street I would walk through at night alone. This home is on a street, I wouldn't like to walk down that block alone. I drove by the property yesterday during the day and I asked myself if the comps would come in for this property. Has anyone had experience with a situation like this? I keep telling myself, "There is a number for each home." but I still have some concern. I'm not going to pursue this property but I would still love to hear about anyone who did a fix and flip in a rough neighborhood. What are some things that should be considered?