I would purchase new to cut down on future issues. 

@Marc Possoff here is the zoning code published by the city https://www.amlegal.com/codes/client/philadelphia_pa/For a garage/ parking pad you will need a curb cut which will require a variance unless its on a backstreet which does not allow parking. 

Find sellers who want to do some creative financing, cut out the hard money lender and let the seller be the bankOf COURSE these arent as easy as they sound, but with consistency and persistence, you got this.

No wasting time when the process is a day away from getting started. 

Like a higher security deposit and/or a cut of the net profits. 

What a normal rough cut multiple for the annual GRM multiple (not the 1% rule)?

I’ve since (4 years later) had some chats with a few lawyers who have mentioned an LLC is pointless and a waste of money (costs to start one, filing corporation taxes is a lot more, etc) unless you are doing business that is uninsurable.

I try to get most of my first time house hackers to do this if possible so that they don't waste a great loan.For moving almost every loan requires 1 year of occupancy.

I’d like them to come out and measure - cut - and install - ready to do the job now!

My monthly mortgage with taxes will be $5,200. insurance is $475.00 a monthfuel is $313 per monthelectric is $216 per monthgarbage, lawn care and plowing is $300 per monthDo you see any where I can cut cost?