I cut my teeth in the war zone-ish eastside Harvard Place. I'm optimistic about the area and with good reason from a buy and hold standpoint. There is alot of revitalization going on. The Menger Creek linear park 7.4 million dollar project, Dignowity is booming and about to be deemed historical. I inherited tenants. I am getting 12% cash on cash return as of now. The house is a fixer upper, needs leveling, pier and beam so not as pricey as slab. I would be looking for something near one of the many creek revitalization projects personally (I am hopefully playing a long game). Surprisingly the creeks do not even show on MLS and many lazy realtors don't even know about them. I'm waiting for more improvements in Harvard Place before rehabbing and raising the rent. I may even move into my little bungalow eventually when I get off the road working (oil and gas industry ) my W2 job. I grew up on the northside out 281 1604 area and the traffic is a nightmare. You couldn't pay me to live there now, at least past 1604 area. Crime is everywhere, westside is gang activity issues, northside break ins and car/tire theft, etc. I really like southeast area around southcross rd, older neighborhoods and close to downtown. I guess it depends on your game plan. My two cents. Would love to talk to anyone else investing in SA to see what they are into.
Angela
