"bad" neighborhoods
I'm early in my education here, but I think the strategy I want to employ once I get started again is "buy and hold". Probably duplexes at first.
Just poking around craigslist I can find duplexes relatively cheap (think around 20k) but obviously need some work. Neighborhoods arent the greatest. As in -- will I get shot working on them? No. Do I want to move my family there? Also no.
Just curious how other investors approach rental properties in the inner city. (For reference, I'm in Rochester, NY.)