Here's my take as an investor, realtor, contractor and PM. Our Philosophy is we dont care about the area its the property we care about. We only manage properties that are rehabbed. When we interview our owners (yes we interview owners) for management opportunities we provide a scope of work that needs to be completed before we take over as PM. This ensures that the we wont have to spend much time in the war zones tending to tedious repairs and complaints from tenants. What makes the war zones solid is that once you have a tenant and if said tenant can actually afford to pay rent, the chances of them moving is low because in most cases they cant afford to move (sad but reality) and if the property is well maintained they don't want to move.
