Should I buy or wait?

[Joshua Roberts]

So there's this property I've found that is in a not so great neighborhood but it's not the worst area. Anyway, the property would in theory produce a great amount of cash flow near 2k a month. My question is, would it be smart to invest in such a property? Also my original plan was to attempt the BRRRR strategy, but the whole not having done it before is discouraging. So, should I continue with my original plan or go for the cash flow?

[John Underwood]

Absolutely!
I have some properties that were in questionable areas years ago that are going through gentrification and have become some of my more valuable properties.
2k in cash flow per month is great. Just do you best to get the highest quality tenants you can and enforce your rules and lease and you should be fine.