Could you buy a rental property near homeless park?

[Yunning Lee]

I recently found a property that I plan to make an offer. It is in central area of a popular town in seattle, walking distance to everything. However,  this property is right across a park and a church where there are many homeless. Should I walk away from this type of property?

Thanks,

Rachel

[Jake Alger]

Hi Rachel,

It's hard to say what you should or shouldn't do in this scenario.  Without knowing the location it's also hard to weight the tradeoffs or provide any insight into what may be happening to help with the homeless problem in the area.  Are you looking at the property as a rental, flip, primary residence, etc.?  Are properties in the area that are listed, selling?  That may provide some indication into what type of problem the area poses.  Have you raised these concerns with your Real Estate Agent to garner some feedback?

There's a lot of questions I'd have -- these are just a few :)

- Jake