Whether you want to invest in a particular neighborhood is really a matter of choice. I think what you should really consider is do you have the time, money and resources available to rehab. Taking on a rehab is not like you see on poplar TV programs. You need a good contractor. Also you must consider the time it would take to manage a project. If you would like to know where you can get the most value for your dollar let me know. I can tell you where you purchase the most home for your money depending on your personal situation and time frame.