Inner City Properties

[Trevor Mutepfa]

Hi. I am new to the BP forums, and am looking for ways to invest in real estate. I came across something that I’m hoping someone could explain for me. I have seen multiple properties with low asking prices and sufficient rental income to cover the note. These properties are not in desirable areas but still seem to cash flow. Why are investors not buying these up? What am I missing? 

[Samuel Diouf]

They look good on paper but are typically money pits in real life.