Pittsburgh Hazelwood Neighborhood General Inquiry

[Rick Miller]

I've lived in Pittsburgh my whole life and have always had an interest in the many different neighborhoods and the unique cultures of each area.  Lately my partner and I have been thinking about buying a property or two in the Hazelwood nneighborhood of Pittsburgh.  I know it is a distressed town after the collapse of the steel industry, but I also know that Uber and CMU both have recently developed a presence there and the former Almono steel plant site is ripe for development.  We were thinking about buying a property, putting in some sweat equity initially, then rent the place out while the area gentrifies.  

Has anyone invested in this area?  Do you have any success and/or failure stories that a new investor should be aware of?  Any relevant information would be extremely helpful.

Thanks!

Rick