Approach to investing in lower income areas

[Tyler Smiarowski]

Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current properties I would consider to be all class B properties.

Some questions I have are:

What are cash on cash returns you would expect? cap rate? Do you put them on short notes and pay them down fast?