Newbie from New Jersey

[Thomas Young]

Hello All,

I have been researching, saving, and reading about investing in real estate for the better part of the last year and I believe I may finally be where I need to be to purcahse my first investment property. I am looking into purchasing a multi-family property. I wanted to get some peoples' opinions on Class C neighborhoods. I know most people are against them because vancancies and repairs tend to offset profits and lower the high advertised cap rates, but I have found properties in the nicer sections of class C neigborhoods. Looking to see if other people have found success in this methed. I feel as though it is the only way to really start without having a large amount of capital.

Thanks for your time and any responses,

Thomas Young