Best area to invest in Philly area with ~$50,000
I want to purchase a rental property in the Philly area and have about $50,000 in liquid funds and would ideally like a property that at the very least breaks even from all expenses. Is there an ideal area in Philly where I should be looking?
I will also be able to save around $3000 a month starting in January due to new job role so another question would be if it makes sense to try and save as much as possible for a year and then have around $85,000 to invest this time next year. Any and all recommendations would be highly appreciated.