What does everyone think of those new developments going up in traditionally bad neighborhoods? I.e. North of downtown and off navigation. My husband and I are looking for our first home and have found that we can't afford the young areas we want like the Heights, Midtown, and and Montrose. However, these new, cheap, neighborhoods still in the loop are bright and shiny but surrounded by "sketchy" areas. Is it a risky investment?? We really want to start renting out the house when we can afford a nicer one.
