Updated over 8 years ago on . Most recent reply
Analyzing a deal in Columbus Ohio
I found a great location very close to downtown Columbus, but it's on the West side, which seems to be a C class area. The property is right on a main highway that goes strait into the city, but has a very run down neighborhood behind it. The seller has gone way down on the price, and it's stabilized with 90% occupancy. Do you think it's a risky purchase for a first time investor?