A New Approach for Landlording in a Tough Neighborhood
If you're considering buying a rental in sketchy neighborhood AND you're willing to help the area improve over time, then you should check out the Catalytic Landlord book at http://catalyticlandlord.com.
It gives you a map of the typical neighborhood revitalization process and explains what a landlord can do to speed up the process. Give yourself an advantage; read the book and use the FREE workbook to write an action plan.