@Stephanie Cortez As RE investing gets more complex and cities like Philly are getting tougher, the savvy investors are doing well and buying up opportunities, the newer investors are often stumbling through their first acquisitions and learning the hard way how resilient they are (or are not) and the folks in the middle are hopefully working on getting smarter and more careful about everything - vetting tenants better, being smart about renovations and maintenance, exploring alternate strategies when necessary. 

The special allowance just gets ignored.The folks who actually use it usually didn’t stumble into it by accident- either their CPA caught it, or they were already close to the income threshold and paying attention.

Meanwhile I stumbled into a niche that has completely changed how I look at real estate.

Getting out of the house and going out into the market is one way to both learn the market and stumble into deals. 

That’s where most first-time flippers stumble.

I’ve been analyzing the market because things have obviously been changing like crazy in my few year hiatus and in doing so I stumbled upon an of market deal for 29 units (a mix of duplex, triplex, quadplex) all side by side on the same street.

Just stumbled across this.

Including the builder, we don't just stumble upon one, we choose a specific one that's best to work with, for our specific investment thesis. 

This isn’t passive real estate you stumble into.

I have been looking at small towns across the West and stumbled across one that completely surprised me.