The market when we fist checked had homes selling at $180,000, but luckily during Covid around August the market was hot and we listed the home for $245,000. luckily after a month we received a full price offer but the appraisal came in at $240,000. we closed on that offer and only remained $15K in debt which was great considering we would have been in $75K in debt if the market was at $180,000 still. our next flip we just did luckily went so smooth, but ill explain more about that in another post.

The house is an SFR with an illegal in-law in an interesting but visibly improving area (City added bus rapid transit and diagonal parking).

Hi All,I just wanted to give a shout out to Nate Lloyd at Caring Transitions - He helped me with trash removal at my rental properties after construction and was a pleasure to deal with and had great prices.

The company doing it estimates my tenant won't have stairs to her front door for 2-3 days if everything goes smoothly.

Personally, if an apartment complex doesn't cash flow, you probably want to look the other way, because that's how apartment complexes are valued--they are valued based on cash flow and rents.However, there are people who take advantage of a cashflow neutral or negative property (i.e. high vacancy, poor management, down units) that will be purchased as cashflow negative and quickly transitioned to cashflow positive.

People that think PMC's do nothing are usually only looking at what PMC's do when everything is running smoothly.

Norristown should in theory be a good buy (major transit hub, easy access to major highways, etc.) but I suspect they have a lot of governmental issues that prevent it from gentrifying.

What I mean by that is, because many people are involved in this transaction in order for it to go smooth one must make sure everyone’s on the same page at all times.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

A six month lease would also let you sort out your employment transition to San Diego.