We have Brightmoor as a Class D Neighborhood - although there a few blocks that are Class C, but you have to be local to know them.

If you bought well and have equity, you haven’t lost you have just switched your gain from cash to equity, with the interest rate-the cash drain being the rate of your return.

It’s in Cape May county, and a few blocks from the beach.I totally get what you’re saying, and it probably is just too good to be true.

Right now I see houses on blocks with high crime that go for 90k plus. 

It seems to make the most sense with a new development/lease up to master lease a block for 1-2 years to accelerate stabalization and either phase it down to an appropriate # of units or to phase it out completely.

We fell in love with this house and its potential, one block from the hospital at which my wife worked in 2022.

I am on Port Richmond Just a few blocks from Deninos.

The neighborhood isn't amazing (couple of abandoned homes around the block) but it's working class and some section 8 properties scattered about.

Once he did mention that the central heat gas line needed to be hard plumbed through the furnace housing, and the washing machine drain needed a p trap. 

No leaks, no standing water since roofers built a drain in the middle of the flat roof and still performs well.