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Updated almost 11 years ago,
Planning our first purchase: discount duplex in urban poor area
Here in Buffalo, there are a lot of under 30k duplexes in depressed areas of the city. These are neighborhoods where I wouldn't walk at night. They are higher crime areas too although based on CRIMEREPORTS.com info, it seems reasonable safe as long as long as you're taking precautions to be safe. We were hoping to market to section8 tenants and carefully screen for quality tenants.
I wonder if anyone else does these type of urban rentals and what advice you may have. I would strongly prefer to keep this discussion on topic and hear advice only from people with direct experience in this area.
(A sub30kclub topic)