South Harrisburg / flood-zone pockets (deep value)

The lowest entry prices and highest paper yields in the city, in older pockets with scattered reinvestment, some near the Susquehanna floodplain.

Flood insurance can erase cash flow - verify the FEMA zone; plus higher crime and deep deferred maintenance. Advertised returns rarely survive the true insurance, repair, and management picture for a remote owner.

Investors who understand that the highest advertised yields often come with the highest execution risk.