Hello:I have a pro account and I am unable to view the pro forum.

Account Closed 10.5K rehab cost.

They seem to be doing fine as they have managed to keep a balance of about $6k in their bank accounts but would I consider them very risky and I don't think they can afford paying $2,200 rent without facing financial hardship.

Make sure you are taking into account potential permits and fees incurred from the sale.

Account Closed Please feel free to offer advice on other avenues for me to explore, as I am trying to learn and approach from all sides. 

Two Organizations if you are buying in Philadelphia that a must join;Diversified Investors Group (This REIA is connected to the Greater Philadelphia Market and has 5 Sub Group Meetings in Philadelphia Alone)HAPCO - Philadelphia's Landlord Association Advocate - Landlord Eviction Program, Education and Sourcing where to go and how to do in Philadelphia Landlording.CDC's,  RCO's & or Neighborhood Associations - It is no longer by Zip Code sourcing deals in Philadelphia anymore it is by neighborhood designation.

In the pre-digital age of yesteryear, people organized in their Rolodex the business cards they accumulated from attending meetings and conferences.

Originally posted by Account Closed:......."

The expenses do not take any actual repairs into account, nor does it include insurance.

Originally posted by Account Closed:Don't over think things.