No. Frayser is awful. When the house goes vacant, you have a short window to get your AC, Furnace and H2O tank out of the house before your neighbors will steal it. The pro formas never pan out. Just like anything else, you get what you pay for. In this case, your chaces of getting a deadbeat tenant are high. Why would you want to invest in some place where people do not want to live, rather they have to live in those areas. Also, why would you want to buy a property from someone who lives out of state? My advice comes from personal experience here in Memphis. I live here and own 25 properties and manage 250 more. Leverage your cash with a 30 yr loan at 4%, avoid buying in the hood.