Solid C area, or too close to red zone?

[Grayson Appleget]

Hi Everyone, Looking at a place that is east of the 130w and north of Bellaire. Got some good feedback from the agent and property manager, but I know it's close to a rougher zone.  I know this forum thinks south of Bellaire is a place to stay away from.  The deal makes more than sense on paper, even at the list price.  What do you all think about the area?

[Dave Stokley]

What are you using it for? @James Maradits is right, neighborhoods like this can vary dramatically street-to-street. It's not somewhere I would buy because I only do STRs and guests would not want to stay there, but if you're just looking for cash flow it could be ok. I personally haven't seen or heard much about any targeted redevelopment in that part of town, so I wouldn't go there looking for crazy appreciation.