<prompt> Human: I am sure everyone that has been interested in investment property as seen, there is a temptation to be get involved with low-incomehigher crime areas for maximum returns. Properties near me in a higher crime area have excellent cash-flow from seemingly the moment you buy the property if currently rented. Its not uncommon to see houses pulling down 1.5-2.5 of purchase price per month, while houses in the suburbs seem to barely hit 1 monthly.My question is - what has been your experience with this? Is it worth the investment? Seems like its only for the short term cash-flow and is relatively low risk. I am looking for my first investment property.Assistant: The fact that you think its low risk with great cash flow should set off alarm bells. If that is so, where is the smart money? Why arent others flocking to this opportunity?Many people have tried, and failed, with investment property in low income areas. My brother-in-law, a successful residential property investor in upper-middle class properties, first tried his hand working in a slum. Failed miserably.Here is just one thing that can go wrong: you bring in a tenant and on terminating the lease they decide to help themselves to all the appliances, copper, carpeting, and fuck it, why not dry wall, within your unit. You try suing, but you cant get money from a stone and youll be tied up in courts forever. Congratulations - you not only have a vacant property, you also need to invest serious capital to bring it back to market.Human: This comment is of no help. Insurance would cover these things as well as careful application review. Its low risk because if you can buy a triplex for 40,000 in rental condition, full vacancy will be affordable on my salary, where as a duplex for 250k with vacancy puts me underwater in a short amount of time.  <response>: I see from your response, that you have no experience in low income properties. Sounds like you should just go for it, and get some experience, since it sounds like that what you want to do anyways. 