Areas of Tempe to focus on and aviod

[David Rutledge]

Hi all,

I am looking to purchase an investment property in the Tempe area. I am looking for either a small multi or a sfr with a guest house as I am looking to set it up as a short term rental.

I have lived in Tucson and spent some time in Tempe but do not know the specific areas well. I was hoping some experienced investors and/or agents in the area may be able to give me an idea of specific areas of Tempe I may want to focus on and if there are any areas with higher crime, poverty that may not be as attractive as an investment or str?

The appeal of ASU is the major thing that draws me to the area but as I research more it seems areas closer to the university may be less desirable than perhaps newer areas in the south of Tempe? and staying in the middle of the city instead of far east or west may be best as far as I can tell from reading other posts.

What about the area north of the lake?

Any type of guidance and/or suggestions would be highly appreciated as I try to focus in on a particular area of Tempe to buy in.

Thanks in advance everyone.

David