Before making a commitment — the absolute best step for you is to understand the actual numbers and the real range of scenarios.You need to:• look at current NOI• model pro-forma NOI after deferred maintenance is handled• compare a seller-note vs direct buy vs trust transfer• realistically estimate capital improvements realistically for 8-units in Philly • assess the operational plan (self manage vs PM)• and lay out the possible outcomes for you specifically (tax exposure + risk + time cost)do this BEFORE saying yes or no — otherwise you might commit to something that becomes a burden or lose out on a great opportunityI know people capable of this type of scenario modeling in Philly if you want some connections. 

We have an aging population. 1 in 3 Americans are above the age of 50.

I am a newer investor and had been looking to purchase a long term buy and hold cash flowing property locally and I ran into an absolute home run deal. A property owner/manager is liquidating due to divorce and sellin...

Even my garden in my backyard is partially affected, since I mixed in a few bags of fertilizer and soil from Home Depot. 

There has been some difficulties with finishing the first two units of the duplex, and I believe my project was handed off to another contractor as I am being instructed to contact the new contractor for specific task when originally I was working with the main contractor that walked the property with me.

Specifically, they spent a couple of hours each day door knocking, calling expireds, calling FSBOs, and calling buyer lead lists provided by lenders.The other thing they both did that contributed to their success was joining a team.Lastly, I'd recommend checking out the book hyper local hyper fast agent by Dan Lesniak.All the best!

That’s what I did several times when I was your age and worked out fantastically.

But they are ever so rare today, not just a needle in a haystack but more so finding a specific color of needle, with a specific bend to it, in a stack of needles in a hay barn....... 

Greed + Scarcity = fertile ground for nefarious actions, from barely too blatantly. 

Specifically, houses under 6 million but more than 2 million.