For momentum, recycle into a second single‑family that needs safety/capex first, stabilize rents, then refi and repeat.

In most cases you can build a new row house on a 15-foot-wide lot in Philadelphia if a 15 foot wide house was built on this lot prior to being demolished due to safety reasons.

I am 30 years old, social, active, like to be outside or go out at night as well so also looking for some cool younger crowd areas.Appreciate any insight you can lend!

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

You have basically 2 options for marketing; outbound marketing in which you contact the prospect first, thru social media, ads, etc.  

That’s the safety net you want.If the verified rents cover the payment and give you a cushion, it can be a strong starter house hack.

., tenant-fixable, urgent (heat, water, safety), and cosmetic (batch monthly), respond using the right vendor list.

All that equity is a safety net for any homeowner who finds themselves in a potential foreclosure situation.

For safety, perform immediate courtesy check-ins with neighbors and your PM, and enforce your lease criteria if the tenant falsified info.

Some deals might only leave five thousand, while others could leave thirty, depending on numbers and risk.Think of it this way: the “leftover” is your safety net for unexpected costs, and your margin for profit.