What are your thoughts on investing in "Ghetto" areas.
Good idea/bad idea? If so, why?
Generally a bad idea. The rent rarely covers the expenses of keeping up the property. I would only recommend it if you are a specialist in low income housing. I wrote more about it here if you're interested: https://www.biggerpockets.com/blog/2016/01/26/vast-majority-investors-stay-fard-class-properties/