Your suggestion would be considered a negative cash flow investment.

My wife and I do this exercise every year.

Any advice or suggestions would be greatly appreciated.Thanks in advance!

For out-of-state investors, I suggest considering a C-class turnkey single-family home.

I would suggest one or both of you go talk to a Civil Engineer and ask if they can see a way to accomplish what you are trying to do.

You've probably heard and have been suggested to invest in stocks, bonds, or have thought about other real estate alternatives.

Would highly suggest getting a subscription and making sure you look at properties that match your condo and see what they're making each year.

Philly has a ton of opportunity, but since you are new to the area, I would suggest waiting six months before you buy anything there so you can really understand the block construction of the area.

I would suggest the book Turnkey Revolution.

For example, incorporating energy-efficient solutions and smart home technology has been a game-changer in similar markets, especially when paired with features like office spaces that cater to remote workers.As for potential add-ons, corporate housing partnerships are a brilliant suggestion!