Thoughts of long term investing in Newark, NJ (D-F class)

[Anthony Liguori]

Just looking to see what’s everyone’s thoughts about investing in newark nj long term in the ghetto (C-D class ) .. the market is crazy hot right now in this area. Houses are going really high.  I wonder if I should sell my property and make 300k profit or keep it long term with the $2500 cash flow every month on a 3% interest rate ..  tenants are ok however they always paying late and it’s hard to get any late fee. All section 8 tenants but each tenant pays a different  portion , some higher then others. Been looking for another property but everything that’s decent is over 500k so I been leaning with just keeping cause I got nothing else to buy . Any thoughts ?