Is it bad idea to invest in the property in area Crime rate D(-), North Las Vegas?

[Meri Hamada]

Hello ! This is my first post in Bigger pockets. My husband and I decided to invest in real estate together and are very excited for our journey. I have one property as long term rental and my husband has one long term rental and 1 STR. After we met, we purchased our primary residence together in 2022.

My husband and I are in escrow for a property in bad neighborhood in North Las Vegas. This is our first investment property and we are going to do STR. Crime rate is D (-) so it's not ideal area. We are going to have a property manager and projected cash flow is good. My husband and I have lived in a bad neighborhood in South Los Angeles (crime rate D) and we think that this north las vegas area is similar to where we lived in LA. We are going to check out the area in person this week.

We are thinking if number works out it will be still good investment.  What are your thoughts on this? If you have invested in high crime rate area, please share your experience. Any feedback is appreciated.

[JD Martin]

Quote from @Meri Hamada:

Hello ! This is my first post in Bigger pockets. My husband and I decided to invest in real estate together and are very excited for our journey. I have one property as long term rental and my husband has one long term rental and 1 STR. After we met, we purchased our primary residence together in 2022.

My husband and I are in escrow for a property in bad neighborhood in North Las Vegas. This is our first investment property and we are going to do STR. Crime rate is D (-) so it's not ideal area. We are going to have a property manager and projected cash flow is good. My husband and I have lived in a bad neighborhood in South Los Angeles (crime rate D) and we think that this north las vegas area is similar to where we lived in LA. We are going to check out the area in person this week.

We are thinking if number works out it will be still good investment.  What are your thoughts on this? If you have invested in high crime rate area, please share your experience. Any feedback is appreciated.

A short term rental in a high crime area? I'm not 100% but I don't remember "High Crime" being one of the preferred search terms on either AirBnb or VRBO. Who would want to rent a STR in a high crime area other than someone committing crimes?

Owning C class or below property is a whole lot of work and risk. That's why it has the potential to have better returns - like all investments, higher risk usually means higher returns. You're going to work for this money, you can be sure of that.