In store one lawn fertilizer gives the discount and the other brand didn't.  

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. 

median home value median household income Cost of living index Avg rent population Unemployment rate comfort index (climate 1-10) summer/winter Median Age Population growth 2 yrs Recent job growth future job growth population that consists of renters houses and apts avail to rent Average Days on Market (DOM) violent crime property crime

U.S. fertility rate is around 1.6, far below the replacement rate of 2.1.This means every generation is 30–40% smaller than the one before, unless immigration fills the gap.

In this day and age, the physical location of a real estate brokerage shouldn't matter.

I would not lend to an investor who is buying and planning to remotely manage a MHP that is not from, has living experience, or travels frequently to that specific submarket and know the great submarket/metro very well. 

It really comes down to the individual property as well and how well it's been maintained/age of the current capex items.In most cases though on single family homes, for maintenance and capex I like to use at least $150 each for both of those per month.

And a lot of times brokers tell you they're confident in a specific lender or loan, and then everyone's time gets wasted when it falls apart.Second, I wish there was like…a very clear set of documents that every lender wanted/needed, so if you wanted to take your deal to five or six lenders you could just put together a single package.

Most tornado paths are extremely narrow and short lived, so the odds of a direct hit on any specific rental are very low.That said, weather should always be part of your due diligence.

The challenge is there are fewer available options for the specific types of properties I am looking for.John