The tax abatement in Philadelphia for new construction only (not rehabs) is getting cut in half starting January 2021.

I have many friends that have been moving there from Downtown/OTR, Wast Walnut Hills, etc.

Think about what needs to get done to cut down repair costs and get it rented-that's it. 

I also am playing around with the idea of making a 3rd bedroom in one or all of them if possible as they have a lot of wasted space . 

He said the old iron pipe had deteriorated and he would have to cut in to the wall to replace the drain pipe.

The reason we would be willing to take such a salary cut is to invest in more free time to focus on real estate.

Starting a group is more likely because the groups are usually close and adding someone new cuts into everyone’s profits.

I know I have a lot more to learn but I don't want to waste time and feel I should take action pretty soon.I started building credit already and I read/listen to real estate related stuff everyday.

My plan is to cut that in half so that I can qualify for traditional loan as I continue studying real estate and bring in private lenders.

A 2-3 hour drive to get to the property thus requiring a property manager since I work full-time, which cuts into the cash flow greatly, which is my primary goal.