@Chris Martino is right about Kensington in the more immediate future since they already have large brand new multifamily properties at borders of that were once thought to be uncrossable (I'm looking at you, Lehigh Ave).5) @Alan Blitz I think you are talking about is Mantua/Belmont/Parkside/Possibly Wynnefield Territory (labeling those from south going north to Girard and slightly above).

Rosarito is the 3rd most dangerous district in Mexico I have read.

For example - out of state + BRRRR + first time investor is a dangerous cocktail.

They are risky for a seller and most likely the Realtor will point out the dangers, you offer may be made with an addendum, you might submit a package addressing the issues, like using a servicing company, your ability to pay, reserves, etc.

If you are buying property in the hood, this comes with the territory.

The deposit that the plumber has to put down is substantial, and he doesn't get it back for years.Eventually, I'll get the bbox to main service pipe replaced.The whole problem is that the City REQUIRED the use of lead pipe up until 1986, even though the dangers of lead pipe have been known for centuries.

I don't know if I would say it's C-, some would say this is D to D+ territory, but I think it's still viable and have several investor clients looking in this area and you there is some good cash flow. 

Even if you sold it but bought it back as a finished house you're in danger of creating a step transaction. 

It's the territory, it is tough to do an excellent job at scale with small buildings. 

I am sure his thoughts were when he became an officer was arresting dangerous criminals, taking down drug dealers, etc., not throwing a sick disabled person out on the street.