How close can you buy to a bad area and avoid many problems?

[Jeremy Karja]

Hi,

I know it depends on what you want to do but just wanted to get some opinions on how close you can be to the bad area and still attract high enough tenants that required little attention?   See pic below from Trulia as an example.  This house is on the edge of the troubled area.  Probably C range in my eyes property or maybe even C-

Basically I am very busy (like most) but with 5 young kids and a job I work pretty hard at but control my schedule I don't want high turnover and attention but also want enough income from the property for the cash flow to  be there.  Love to get 1.5 to 2% rule if I can with 15%++ cash on cash.  I know they are extremely hard to find these days.

Look forward to hearing some opinions here.

Jeremy