Investor · Saint Louis, MO · Member since 2015 · 4 posts · 3 votes
11y
The look in it self. Vacant buildings diminish neighborhoods so homes don't sell if surroundings are flourishing. Comps in the area will tell you how to rank.
For me I rank them based on comps. Not all I run across is for sale but if I decide to sell I can get the best of both worlds. I am not afraid of inner city properties because one of my goals is to revitalize them block by block.
Investor · El Dorado Hills, CA · Member since 2012 · 1k+ posts · 1k+ votes
11y
By walking/driving the neighborhood during the day and at night. If you are not comfortable staying at the best western or motel 6 down the street from the property, you probably don't want to own it. I am not very fragile so if I am uncomfortable... It is a D/F. I will also check the crime maps and drop in the local police substation and ask them specifically about a certain property or block.