Looking for Multi-family in Philadelphia to live in and rent

[Mike Girard]

I am still very much at the start of the learning curve, but I'm fairly sure I want to become a Buy and Hold investor -- the rest is too abstract for me -- and that I will likely live in my first property, in part so I can qualify for the homeowner advantages.

I don't live in Philly so will be traveling frequently from my home in Brooklyn over the next several months to get the lay of the land. Can anyone recommend a neighborhood where the cap rates are likely to be favorable that is also some place where I would like to live? I like relatively safe urban neighborhoods with good access to transit and a high walkability quotient. I live in Park Slope in Brooklyn -- where I can't afford to invest -- and if you know the neighborhood, you know I'm spoiled. But I'm also flexible, which is good, because I have to be.