Investing in Reading,PA

[Simon Yosepov]

Hi everyone, I'm new to BiggerPockets so first of all nice to meet all of you guys and thanks for the help. I'm planning to purchase in the next month 5 units property in Reading,PA , I see there a lot of potential for a great Cash Flow without appreciation , I found a good deal with 13% Cap rate after Mortgage. It's a little bit scary to see that kind of deal , I know Reading,PA isn't the best place to live in and there is no have any appreciation and the tenants can be hard sometimes. But I want to know from pros what you guys thinking about the Reading Area? Should I invest in that kind of.deal over there? I live an hour from the property.