The fact that an area has occupied homes is not indicative of a healthy neighborhood. The worst neighborhoods in Detroit have few vacancies.
It's actually the bombed-out neighborhoods that are far safer. Ask any cop. They also have much more upside.
Areas like 8 Mile/Lasher and 6 Mile/Meyers haven't hit rock bottom yet. They still have some homeowners and working people. That's exactly why they would be poor investments.
Dexter Davison has been a pit for years, and will not get worse. Much safer investment than an area plummeting into the abyss. Your comps will be more reliable, and you know what you're getting into.
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