Buying in an "Undesirable" community

[Mike Clark]

Do you buy a property based solely on numbers or does the location play a part ... even if the numbers are good.

I found a duplex in an undesirable community that I never even thought about. I really don't want to buy there but the numbers are the best I've found.

It is a Duplex built in 2005 ... only 6 years old! It's built in a "revitalized" portion of town ( about a city block of new homes). It has been reduced from 65,000 to 50,000 ... and I figure to get it somewhat cheaper of course. It's rented for 550 and 450 ... 1000.00 total rent. It looks beautiful ... the surroundings aren't great though. It's apparently been on the market for at least 1.5 years!

I hate to pass on it ... what do you think?