https://www.detroitnews.com/story/story-series/death-by-inst...
I have been to less worse areas in Detroit in 2015 and still decided not to be play early adopter and be "the guy with money" on the block. And I'm absolutely not upper class.
Even if you live there just for the amount of time it takes to renovate and flip the house, you will need to constantly guard your tools, materials etc. If the local community thinks you are not one of them, life gets hard. In the end I bought a fixer upper house in a solid working class neighborhood (in a different city) and life is great. But yes, a lot of people think you are only safe in the suburb, which is not true. There are safe pockets in most major cities, but you have to scout for a while until you know the area.