Where to invest -- Good areas/Bad areas

[John M.]

It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that rents for $1,000.
If I hired a property management company to manage the property in the bad area, that takes the $850 down to maybe $750 which still means I'm making 40% more in bad areas.

Curious what peoples opinions are of investing in good areas with less return vs less nice areas with better return.