When trying to figure out where to invest, especially in the path of progress, a strategy I've learned is to buy at the line, move the line. This means you find a property at the line of a nicer area where the area starts becoming not-so-nice and the properties are cheaper. Invest in a property on that border, improve that property, and the nice area is expanded and your property is in a desirable place to live. Now you have moved the line. This helps expand and improve the community while giving you a hack for finding a discounted property in a good location.
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Investing in Real Estate from $1 to $1M – 12 strategies to get you invested in real estate regardless of your schedule or budget.