We also have plenty of parking, but the area of town is a little depressed and one block down from the main drag, but it is close to the hospital and local Fairmont State College.  

I have had some success in the stock market looking for deep value "depressed" stocks.

The area is crime ridden and will continue to be depressed in value.

My perspective went from success to helpless depression within a few minutes. 20 years later, I came across tears from operators that I hired in the Philippines. 

Does anyone here have experience with buy & hold rental properties in higher-crime neighborhoods with depressed property values?

Is code enforcement really a huge problem in economically depressed areas?

Here are some ways you might be able to achieve that kind of return:Find a property for a fraction of what it's worth (marketing to motivated sellers, nonconventional transactions).Find a secondary market that isn't hot, or is maybe even a little depressed (not Austin or Dallas).Become a slum lord - but most of us know how that turns out, and you even say you're looking for quality renters.Finding something that's easy to sell, easy to rent with a quality renter, and has 10 - 15% cash-on-cash returns - you're going to have to be willing to do a lot of marketing/networking to find that.

That zip includes what I call the depressing route back to DC and I did not bother looking in that area when looking for a Baltimore investment.

To wit: this isn't exactly a neglected home in flyover country you are just now buying today at a low full retail price because the local economy is so depressed that no one can afford to own (or maintain) a house...

It's sort of depressing in a way!