Investing in Tamaqua/Lansford/Coaldale?

[Neil Stark]

I'd love to hear some thoughts about investing in PA coal country. Is it worth pursuing lower priced housing and rehabbing for a buy and hold in the pursuit of better cash-flow, or is it just too risky? I realize that the difference between a few city blocks can make a difference, so local knowledge is welcome! With high competition in the Lehigh Valley, I'm considering branching out a bit. I see the potential for growth in these areas in the next two decades in particular, especially with a recent large state grant from Shapiro to create jobs in the semi-conductor/specialty gasses field.