first investment property, should I buy in a bad neighborhood?

[Caleb Scott]

 i've saved 20k and I found a multifamily for sale, that when rented out fully, and renovated slightly in the one occupied unit could net about 1600 a month in rents for a 1300 a month mortgage. Though its in a bad neighborhood. by that I mean low income, a lot of multifamily, and it is near the campus, but some of messed up cars in yards, loitering people on the streets etc.... I cant afford much. But could this be a good intro to investing and offer a chance to scale upwards, or is being in a bad neighborhood not worth it? its been the first deal i can afford that would actually cash flow i have seen in about a year that is also move in ready. Usually the duplexes in my price range need about 30k minimum work to be legally livable, so this is a shock. But I am unsure of the implications of the neighborhood. any advice would be much appreciated. I have to find a way to make this 20k cash flow, because I am soon to move out and marry, and my only chance to escape living paycheck to paycheck is to do this first investment, save all the cashflow, and put it into a second one, and so forth. Let me know what you think.