buying "in the hood?"

[Derek Sperzel]

I have been looking for my first house to flip. I have found some great deals, but most of them are in the low income, high crime rate part of town. I am concerned that although I can purchase these houses for a low price I might be stuck holding the property for a long time. I am an experienced DIYer and my brother is a contractor. I know we can handle the rehab, but does anyone have any experience in flipping a house in the "wrong end of town?" Is it worth the risk, and whats the best way to market a house in this situation? Thanks