If you do have the money, you have a choice to buy this opportunity or not.Essentially, all Investments are a risk.HOWEVER, the more research you do, the more you can reduce that risk.If you do your research and you find out that the adjecent neighborhoods have Gentrified and that they are NOW spilling into the Flatbush area AND you have noticed that the City has invested in public transportation (they opened up a new subway station in the Flatbush area), you can make a fairly intelligent guess that the high price will only get higher, recognizing it as an opportunity.However, if your research does NOT indicate that this property will be at a higher price in the future, and you do not buy this property, you can't get lucky here and have to look elsewhere.Now, let's say you recognized the opportunity AND you were prepared and you BOUGHT this 3 family investment in Flatbush.10 years later, that $1 Million purchase you made in the year 2020 is now worth $2 Million in 2030.What do you think your friends and family would say when you tell them that you bought your 3 Family Flatbush property for $1 Million 10 years ago and you made $1 Million in unrealized profits today in 2030?

Next to a police station? 

I pay $85 every 6 months for them to check the bait stations

Either way, best of luck to you.I would also suggest looking up areas like Conroe but do your flood research and Bryan/College Station near Texas A&M because there's tons of multi family there that area bargain basement prices now and will pop back up once the pandemic allows people to go back to school F2F.

It’s been a while since I was stationed in Everett, but while I was there the further north you went, the more rural it got.