., I once made up a little game so I could teach the kids how, when you're gambling, The House Always Wins.

Is your unit so difficult to rent that you are willing to take the risk or are you just desperate and willing to gamble on a very long shot.My advice is keep looking.

@John Bastidas I’ve dealt with these, but typically the county/city won’t reduce the fines (to usually less than 10%) until After the violations are corrected....which makes it somewhat of a gamble for the buyer.IF they can get the fines reduced and paid off, and the lien removed, prior to your closing....no problem.

They way I see it, this is no different than you gambling 1,200/mo in Vegas. 

It is very expensive, long term gain is a complete gamble. 

The time and energy that goes into r/e investing makes it difficult for at least me to go gambling. 

Hey @Charles Gamble, welcome to BiggerPockets!

I have no desire to lose money monthly to gamble on appreciation, if I want to gamble I'll buy a lottery ticket.  

I feel the market is gambling.

I am from England, so my questions might be culturally related.Question 1: “Ghetto areas” in LA

I’ve found a few promising properties in LA zip codes that, according to Best Places & City Data, have high levels of violent crime.In the UK, we’d call such areas ghettos and they are not worth investing in, as the tenants lack income, the monthly rental prices are low, and the property management companies provide a poor service.